Two Compelling Charts Show Why It’s Time to End Crude Export Ban

Today’s Wall Street Journal article by Amy Harder states: “Big voices in the oil industry and Congress now support a move that would have been unthinkable not long ago: opening the U.S. oil industry to exports.”

The reasons couldn’t be clearer.  Seven years after the end of the recession, U.S. investment remains sluggish:

Screen Shot 2015-08-10 at 5.24.12 PMGross nonresidential fixed investment is only 8 percent above it’s pre-recession level. In addition, investment as a percent of cash flow remains a record low levels, see:

ACCF chart on Investment as of July 2015


Lifting the ban on crude oil exports from the U.S. would help boost investment and job growth.

Margo Thorning

Dr. Margo Thorning has frequently testified as an expert witness on capital formation, tax, energy and environmental policies before multiple U.S. congressional committees. She has also traveled coast to coast to present findings to state and local lawmakers, business organizations and the media on the economic impact of climate change policies on local job and economic growth.

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