Would Scrapping Crude-Oil Export Ban Lower Gasoline Prices? -- An Industrial
Info News Alert
DENVER, CO -- (Marketwired) -- 08/08/14 -- Written by John Egan for
Industrial Info Resources (Sugar Land, Texas) -- Lifting the U.S. ban
on crude-oil exports would lower retail gasoline prices, among other
benefits, Scott Sheffield, chairman and chief executive officer (CEO)
at Pioneer Natural Resources Company (NYSE:PXD) (Irving, Texas), told
attendees at an Oil & Gas conference here Wednesday. And failure to
lift that ban could overwhelm the nation's Petroleum Refining
industry and lead to a collapse of crude-oil prices, he added.
Within this article: Current and projected crude oil production
Other companies featured: IHS Incorporated (NYSE:IHS)
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