Jeb Bush

Jeb Bush's policies onJobs & Economy

Lift the ban on crude oil exports and liberalize natural gas exports

Current law bans the export of crude oil and makes it difficult to export natural gas to non-Free Trade Agreement countries such as Japan, China and the European Union.

Lifting the ban on crude oil exports and liberalizing natural gas exports would create hundreds of thousands of additional jobs and significantly lower net energy costs within two years. For instance, estimates from various studies indicate retail gasoline prices would drop by approximately 6 cents a gallon within 2 to 3 years of lifting the crude oil ban.

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