The Real Economy: The Energy Outlook
Overview
The positive supply shock to the economy created by the increase in U.S. oil production has policymakers reconsidering this country's four-decade-old oil ban on exports. From a pure economics standpoint, exporting domestically-produced oil would benefit both producers and consumers and increase overall efficiencies in the domestic energy market.
This article discusses how middle market firms with links to oil extraction, energy, transportation and construction could disproportionately benefit if the decades-old ban on oil is lifted.