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Ending U.S. oil export ban would be good for the Virgin Islands

 hess oil

CHRISTIANSTED – Forty years after President Gerald Ford banned the export of crude oil from the United States amid supply worries, momentum is building to remove the restriction – and some of the benefits could spill into Caribbean oil refining-countries. With more Iranian oil re-entering the market if sanctions are lifted, and U.S. tight oil production growing despite…

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The Author

John McCarthy

John McCarthy

John McCarthy has been reporting on the U.S. Virgin Islands and the Caribbean region since 1989. John's articles have appeared in the BVI Beacon, St. Croix Avis, San Juan Star and Virgin Islands Daily News. He is originally from Detroit, Michigan.

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