Last week we shared the press release from Vital for Colorado where more than 90 Colorado business leaders supported lifting the United States ban on crude oil exports.
The Denver Business Journal picked up the story last week, and you can find it here. Pertinent from the story is this little tidbit of information:
“A recent study by IHS Inc. (NYSE: IHS), the international information and consulting firm based in Douglas County, concluded that lifting the ban on crude oil exports ‘would actually lower U.S. gasoline prices an average of 8 cents per gallon by encouraging greater U.S. crude production.'”
That’s but one reason to support lifting the ban on crude oil exports. Need more? How about an Independence Institute Freedom Minute featuring yours truly?
Say it with me: Support of ending the export ban on crude oil is vital for the nation, Vital for Colorado.