Energy Quote of the Day: ‘The Rules Remain Outdated’
Breaking Energy 2014-06-25
Summary:
As we reported last November, US crude oil export laws can be absurd, with policies regulating condensate exports particularly convoluted. Thus it appears two forward-thinking companies took advantage of this “squishy” legal situation to gain condensate export approval. Deemed “private classification orders” by the Commerce Department’s Bureau of Industry and Security, the decision allows Pioneer