{"id":32063,"date":"2016-01-02T20:53:45","date_gmt":"2016-01-02T19:53:45","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=32063"},"modified":"2016-01-02T20:53:45","modified_gmt":"2016-01-02T19:53:45","slug":"us-starts-exporting-oil","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/us-starts-exporting-oil\/","title":{"rendered":"US Starts Exporting Oil"},"content":{"rendered":"<p>The End of US Oil Export Ban<\/p>\n<p>The\u00a0first U.S. shipment\u00a0of crude oil to an overseas buyer departed a Texas port on Thursday, just weeks after a 40-year ban on most such exports was lifted.<\/p>\n<p>The Theo T tanker has left NuStar Energy LP\u2019s\u00a0dockside facility in Corpus Christi, Texas, along the western shore of the Gulf of Mexico. \u00a0The ship is carrying a cargo of oil and condensate to Italy from ConocoPhillips\u2019s wells in south Texas that was sold to Swiss trading house Vitol Group.<\/p>\n<p>A campaign by oil explorers including Continental Resources Inc., Chevron Corp. and Exxon Mobil Corp. to lift the 1970s-era export prohibition culminated in a Dec. 18 congressional decision to end the ban.<\/p>\n<div>\u00a0Vitol, which owns stakes in refineries from northern Europe to Australia, has a second cargo of U.S.-sourced crude scheduled to depart a Houston port within days.<\/div>\n<div style=\"text-align: center\"><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The End of US Oil Export Ban The\u00a0first U.S. shipment\u00a0of crude oil to an overseas buyer departed a Texas port on Thursday, just weeks after a 40-year ban on most such exports was lifted. The Theo T tanker has left &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/us-starts-exporting-oil\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[23,13,110],"tags":[],"class_list":["post-32063","post","type-post","status-publish","format-standard","hentry","category-entrepreneurs","category-finance","category-globalization"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"The End of US Oil Export Ban The first U.S. shipment of crude oil to an overseas buyer departed a Texas port on Thursday, just weeks after a 40-year ban on most such exports was lifted. 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