March 19, 2015
Former Obama Officials Say Oil Export Ban Hurts U.S. Credibility
Source: Bloomberg
Journalist: Jim Snyder
Two former Obama administration officials said a four-decade-old ban on oil exports limits U.S. geopolitical influence and makes it harder to get other nations to embrace free trade.
The issue of the ban “arose constantly” in negotiations with other countries, including when the U.S. sought support for sanctions on Iran’s oil production to halt its nuclear ambitions, said Carlos Pascual, a former top energy envoy at the U.S. State Department.
Read the full article at Bloomberg.