U.S. Finally Flexing Energy Muscle on Global Stage

Brigham McCown | Fuel Fix

Two weeks ago, an oil tanker carrying a shipment of crude oil from the Eagle Ford Shale left the Port of Corpus Christi for Italy. Not long after, the first crude movement from the Houston Ship Channel departed for Switzerland late last week. These moves are historic for the U.S., as it comes less than a month after the federal government authorized the reversal of a 40-year ban on crude oil exports.

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Exports: A New Day For U.S. Energy

Mark Green | Breaking Energy

As we write, the United States is once again an exporter of crude oil. Sure, in the past the federal government has allowed limited crude exports. The oil tanker that left the Port of Corpus Christi, Texas, late last week is the bearer of the first freely traded U.S. crude in about four decades – made possible by congressional legislation that President Obama signed to end a 1970s-era ban on exports. It’s a new day indeed.

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