September 6, 2022 – RealClear Energy
To Bolster Fuel Supplies in the Northeast, End Talk of Banning Exports and Look to the Jones Act
By Christopher Guith
It is also bad domestic policy. Usually when prices rise, energy companies respond by increasing production. But a spike caused by an export ban would have the reverse effect, discouraging new investment by signaling greatly reduced access to energy markets.
In fact, a recent study from the American Council for Capital Formation (ACCF) found that a ban on petroleum product exports would...