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Summers Sees Lower Gasoline Prices If Oil Export Ban Ends - Bloomberg

Summers Sees Lower Gasoline Prices If Oil Export Ban Ends
Bloomberg
U.S. gasoline prices would fall, not rise, if the government lifts its near-total ban on crude-oil exports, former Treasury Secretary Lawrence Summers said. The reason for the paradoxical result: domestic gasoline prices are tied to movements in Brent ...

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