SOURCE: Industrial Info Resources

Industrial Info Resources

August 08, 2014 06:15 ET

Would Scrapping Crude-Oil Export Ban Lower Gasoline Prices? -- An Industrial Info News Alert

DENVER, CO--(Marketwired - Aug 8, 2014) - 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 statistics.
Other companies featured: IHS Incorporated (NYSE:IHS)

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