Shale Boom Prompts Calls for Expanded US Oil and Gas Exports

Early in January, the head of the influential energy lobby American Petroleum Institute (API) made a strong call for the US to become a global energy producer by capitalizing on the recent shale oil boom. In his speech, API President Jack Gerard argued for a reevaluation of the current limitation on the exports of US crude and for a full expansion of LNG exports.

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