U.S. Oilmen Seeking New Vistas for their Sector

The U.S. oil industry seems to be on the verge of the most significant turning point it has faced since the 1970s, when the export of hydrocarbons was banned by the 1975 Energy Policy and Conservation Act signed by President Gerald Ford, in what was to an extent an attempt protect the U.S. from the volatile global market and whimsical global exporters. But now the ban is questioned by a powerful advocacy group officially ...