NEW YORK (TheStreet) -- If there was ever a case to keep the U.S. ban on oil exports alive, we've seen it in the last six months. We are producing more oil and using less of it, yet the price of gasoline is currently an average of $3.50.
Recently big oil companies have been lobbying government to lift export bans on all crude oil. Since January of this year, we have broken our own records for reserves several times. One might think that would be a strong case for the lifting of such a ban.
Oh, on the contrary, my friends.
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