IEG Policy is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


EIA: Lifting Oil Export Ban Would Not Increase Gasoline Prices for Consumers

US gasoline prices are influenced more heavily by international crude oil prices than by domestic oil prices, according to a study by the Energy Information Administration (EIA). Lifting the US oil export ban would likely raise domestic oil prices, but increased US production would increase the global supply of crude oil, resulting in lower global oil and fuel prices, according to the study released Oct. 30. Link The EIA study, What Drives US Gasoline Prices?, is the first of two reports planned over the next few weeks looking at the impacts of lifting the US oil export ban.



What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts