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Would Scrapping Crude-Oil Export Ban Lower Gasoline Prices? -- An Industrial Info News Alert

DENVER, CO -- (Marketwired) -- 08/08/14 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Lifting the U.S. ban on crude-oil exports would lower retail gasoline prices, among other benefits, Scott Sheffield, chairman and chief executive officer (CEO) at Pioneer Natural Resources Company (NYSE:PXD) (Irving, Texas), told attendees at an Oil & Gas conference here Wednesday. And failure to lift that ban could overwhelm the nation's Petroleum Refining industry and lead to a collapse of crude-oil prices, he added.

Within this article: Current and projected crude oil production statistics.
Other companies featured: IHS Incorporated (NYSE:IHS)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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