U.S. President Barack Obama has little reason to favor U.S. oil producers, who opposed his reelection, by removing an export ban whose principal effect is to transfer revenues from domestic oil producers to U.S. refiners.
U.S. President Barack Obama has little reason to favor U.S. oil producers, who opposed his reelection, by removing an export ban whose principal effect is to transfer revenues from domestic oil producers to U.S. refiners.