The 1970s-era federal law prohibiting crude oil
exports is a relic from an era of scarcity and flawed price control policies. Allowing American crude oil exports will strengthen U.S. geopolitical influence by giving our trading partners a more secure source of supply, and allowing the export of American crude oil will make our allies less dependent on crude oil from Russia and the Middle East. Numerous studies have found that allowing American crude oil into the world ’s free market will benefit U.S. trade and American consumers while creating more high-paying jobs. At least seven independent studies have confirmed that repealing the ban on American crude oil exports will lower U.S. gas prices.



