Crude Export Ban No Match for Lightest U.S. Shale Oil: Energy

A glut of shale oil in fields from Texas to North Dakota is forcing producers to find ways around the U.S.’s three-decade-old ban on crude exports in order to seek higher prices in foreign markets.

Kinder Morgan Energy Partners LP is among companies setting up mini-refineries to process certain grades of crude just enough to qualify them as refined fuels, which are legal to export.