Crude Oil Export Ban Lifted


Houston, Dec. 11, 2015 – With the government lifting our country’s nearly 40-year-old ban on crude oil exports, Americans can celebrate an important victory for the energy industry and look forward to potentially lower gas prices, a decrease in our reliance on volatile energy-producing countries and America’s re-emergence as an energy superpower. “This is a…

Houston, Dec. 11, 2015 – With the government lifting our country’s nearly 40-year-old ban on crude oil exports, Americans can celebrate an important victory for the energy industry and look forward to potentially lower gas prices, a decrease in our reliance on volatile energy-producing countries and America’s re-emergence as an energy superpower.

“This is a historic day, and one that is long overdue,” said Dan K. Eberhart, CEO of Canary, LLC, one of the largest private oil field service companies in the country. “I applaud our lawmakers for their dedication in staying the political course and finally lifting this ban. I’m eager to see the benefits unfold from this policy change.”


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