“The first crude oil shipment exported from the United States, after a 40 year ban, left from Corpus Christi, Texas last Thursday. NuStar Energy and ConocoPhillips loaded a vessel with light crude oil pumped from the Eagle Ford Shale of South Texas at NuStar’s North Beach Terminal at Port Corpus Christi. The crude is to be sold to the international trading company Vitol. As a result of the federal government’s repeal of the 40-year ban on the export of crude oil, via the last government omnibus spending bill, crude oil shipments are free to leave the country now.”
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