Succes schreef op 4 december 2021 16:10:
Banning US oil exports would be a 'gift to OPEC and Putin,' Big Oil CEO says.
By Matt Egan, CNN Business
Updated 2132 GMT (0532 HKT) December 3, 2021
New York (CNN Business)President Joe Biden has already launched the biggest intervention into energy markets in a decade. Big Oil is nervous he's not nearly done yet.
For weeks, Democrats have been calling for Biden to go even further than releasing strategic oil reserves by banning US oil companies from shipping oil overseas. Despite pressure from lawmakers in his party, Biden has so far refrained from taking the more extreme step of banning oil exports. A spokesperson from the White House declined to comment.
But American Petroleum Institute CEO Mike Sommers told CNN that the powerful oil-and-gas trade group is "absolutely" taking the risk of an export ban seriously, including by leaning on moderate Democrats to talk White House officials out of the idea.
"We're marshalling all of our forces. We're doing everything we can," Sommers said during an interview in his Washington office.
Sommers warned that not only would an export ban backfire on US drivers by jacking up prices at the pump, it would help foreign producers by boosting their revenue and market share.
"It would be a gift to OPEC and Putin," the API CEO said, referring to Russian President Vladimir Putin.
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