"HOUSTON – Energy Secretary Ernest Moniz said Wednesday that oil companies have not done a good job explaining why they believe heavy federal restrictions on crude-oil exports should be lifted.
"I don't think industry has done a good job clearly and concisely stating the case," Moniz said at a major energy conference here.
He weighed in as industry officials, including major oil companies such as Exxon and Chevron, are pressing to lift the near-ban on crude-oil exports imposed in the wake of the 1970s Arab oil embargo."
Ben Geman reports for the National Journal March 5, 2014.
Source: National Journal, 03/07/2014
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