U.S. Crude Oil Export Surged to New Record in 2023
R-Squared Energy
MARCH 23, 2024
The president can impose export licensing requirements for up to a year after declaring a national emergency, or if the secretary of commerce reports that crude oil exports are causing supply shortages or sustained premiums on domestic crude above global prices. crude oil exports have been Europe, Asia, and Oceania. In 2022, U.S.
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