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Banning energy exports is a terrible idea

Jeff Kupfer writes in The Hill about the folly of energy export bans.

The C3 Take
  • With gas prices rising, some lawmakers are proposing a ban on energy exports.
  • Banning American energy exports would hamper global supply which would drive prices up and lead to pain at the pump for consumers.
  • Lawmakers should look to provide energy relief by unlocking American production to increase supply in energy markets.

“None of us are happy with the prices we are paying for gasoline, diesel and other petroleum products. And that is precisely why policymakers have a responsibility to look for real solutions. A refined product export ban would do more harm than good, raising domestic prices and hanging our allies out to dry.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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