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IHS: US crude oil exports would lower gasoline prices, add 1 million jobs

May 29, 2014 | Clay Boswell

Allowing crude oil exports from the US would increase domestic oil production, reducing gasoline prices and supporting nearly 1 million new jobs, according to a new IHS study, U.S. Crude Oil Export Decision: Assessing the Impact of the Export Ban and Free Trade on the U.S. Economy.


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