Energy Information Administration (EIA) data for January 2014 indicates that US crude production has now returned to levels not seen since December 1988. Canadian crude production is also at record levels. The prospects look good for a combination of US production and Canadian imports to free the US from overseas imports by the early 2020’s. But along with this success comes a challenge balancing new streams of crude that are predominantly light with a lot of refinery capacity configured to process heavier crude. This balancing act is compounded by a ban on US crude exports. Today we review the contrast between crude and refined product export rules.