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ACCF study: U.S. petroleum export ban would negatively affect refineries, employment, GPD

As the White House and Congress weigh policy levers to provide relief to consumers from rising gas prices, a proposed ban on petroleum exports has become part of the discussion. A new study indicates that could lead to U.S. gross domestic product falling more than $44 billion in 2023 and more than 110,000 jobs would be lost by the end of 2023.

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But it would end the lies of the reasons for low storage and lack of refinery capacity. It’s all in the exports. Republicans have regurtated those lies for multiple decades and the media repeats them. Most would call that corruption. I call it following Putins lead. 

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