- In the most explicit statement yet from the Obama administration, Energy Secretary Moniz says the U.S. is considering relaxing regulations that ban the export of crude oil.
- The issue of crude oil exports is under consideration because of growing domestic production of oil that isn't for refining locally, Moniz said at an energy conference in Seoul, adding that a study of the subject, including multiple agencies, is now taking place.
- ETFs: USO, OIL, UCO, SCO, DTO, DBO, CRUD, USL, DBE, DNO, UWTI, RJN, DWTI, SZO, OLO, JJE, ONG, RGRE, OLEM, TWTI, UBN
U.S. may consider lowering some crude oil export restrictions, Moniz says
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