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napling02

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napling02

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Thursday, 03/12/2015 10:27:02 AM

Thursday, March 12, 2015 10:27:02 AM

Post# of 41155
Just imagine what would happen to WTI prices if Obama allowed for a temporary lift of the oil export ban. With WTI being sold at a discount it would provide some relief for the oil companies in the US and would increase WTI prices.

This would also lower the Brent prices because they would need to compete with the WTI prices.

The decrease in Brent prices should keep gas prices at the pump about the same.

It would be good for our economy because maybe there would be less job layoffs in the oil industry.
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