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U.S. Crude Oil Export Controls Law, Policy and the Prospects for Change

April 30, 2013

Sutherland Partner Jake Dweck, Of Counsel David Goldwyn and Associate David McCullough hosted a breakfast discussion titled “U.S. Crude Oil Export Controls Law, Policy and the Prospects for Change.”

U.S. crude oil export controls are creating unintended market pressures and anomalies in the face of booming oil production in North America. Critical multi-billion dollar business decisions must account for these controls - from crude production to refining and from transportation infrastructure to trading.

Specific topics included:

  • The governing laws and regulations
  • Scenarios where crude exports are or may be allowed
  • What is “crude oil” and the treatment of condensate?
  • Exports to Canada (and beyond?)
  • The export of Canadian oil from U.S. territory
  • Physical “swaps” of crude exports for imports
  • Exports of products and crude oil blends
  • The tie-in to LNG exports and other policy issues
  • The politics of crude oil exports

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Videocast: DOL Fiduciary Rule Litigation Impacts
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