Prof. Michael Webber op-ed: Iranian deal may pave way to lift ban on crude oil exports

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Published:
August 25, 2015

The U.S. shale revolution, which has created a remarkable trajectory of increased oil production and decreased exports, also played a key role in getting Iran to the negotiating table, writes Energy Institute Deputy Director Dr. Michael Webber in a guest column published in the Houston Chronicle and Fort Worth Star-Telegram. While the resulting influx of Iranian oil into global markets may extend today’s low oil prices, he argues, it also may pave the way for the export of domestic crude, which has been banned for decades. For more, read the entire op-ed.