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API President and CEO Jack Gerard said the president麻豆传媒映画檚 decision to end the 麻豆传媒映画�70s era crude export ban will benefit consumers and enhance our energy security.

麻豆传媒映画淭his is the start of a new era for US energy,麻豆传媒映画� said Gerard. 麻豆传媒映画淓nding the decades-old ban on crude exports is a huge win for consumers, jobs, the economy and our energy security. We are bolstering America麻豆传媒映画檚 status as an energy superpower. US producers will now be able to compete in the global oil market and consumers will reap the benefits. Studies show lifting the ban would lower gas prices by up to 12 cents per gal.

麻豆传媒映画淥ur allies are also cheering. Instead of being dependent on oil from unfriendly nations, they麻豆传媒映画檒l now be able to buy stable, reliable American-made energy.麻豆传媒映画�

API applauded the efforts of all those who supported passage of this legislation.

Edited from source by

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