American Oil Companies Try Everything To Get Around U.S. Crude Export Ban

Dan Dicker, Energy contributor at thestreet.com, talks with Jim Cramer about the latest methods that U.S. energy companies are using to get around the U.S. crude oil export ban. With United States crude markets running in some cases more than $10 a barrel cheaper than in Europe and Asia, many U.S. producers are looking for new and old ways to access those markets and their better profits. Pioneer Natural Resource (PXD) is using its lone condensate license to increase exports for 2015. And Conoco-Philips (COP) is planning on exporting Arctic oil for the first time in 40 years to South Korea.