Allied Progress group favors maintaining export ban

By The Bakken Magazine Staff | September 20, 2015

Lifting the crude export ban may not be beneficial to the U.S. or gasoline prices, believes a new grassroots group led by a progressive talk radio fixture and a career political communicator. Karl Frisch, executive director of Allied Progress, is leading the group’s efforts to continue the U.S. ban on crude oil exports.

“For 40 years, the crude oil export ban has mostly forbidden big oil companies from shipping American crude oil to other countries. The policy has protected American consumers, kept good-paying refinery jobs here in the U.S. and set America on a path toward energy independence,” the group said. 

Repealing the ban would pad the bottom line of oil companies already bringing in billions of dollars in profit each year, the group also said. Allied Progess has released a full ad campaign, including television commercials. The group is supported by the United Steelworkers and Consumers and Refiners United for Domestic Energy Coalition.

Although the group has received support thus far, the reports and government-related entities tasked with studying the debate are mounting in favor of lifting the ban. The U.S. Energy Information Administration, at the request of Congress and the White House, has worked on studying the ban. Recently, EIA produced a report that indicated lifting the ban would not increase the price of gasoline for American consumers. “Petroleum product prices in the United States, including gasoline prices, would either be unchanged or slightly reduced by the removal of current restrictions on crude oil exports. The 58-page report also said that as Brent crude prices decreased with more U.S.-based West Texas Intermediate crude hitting the market, “there would likely be a somewhat greater positive effect on domestic production.”