We extract so much oil in the US that they now want to sell crude on the global market.

[NYC_SKP]

I plan to tell them, "No!".

Hi XXXXXXX,

The U.S has moved from oil scarcity to abundance. That’s why it’s time to allow American oil producers to sell crude oil to our global trading partners.

Three reasons to care:

1. Exploration and production will stimulate our economy.

2. Lifting the ban on crude oil exports would protect and create U.S. jobs.

3. Removing the ban will strengthen U.S. geopolitical standing around the world.

www.powerincooperation.com

Thank you,
The ConocoPhillips Team

I suppose we need to write to our elected representatives.

[on point]

1. But but oil production in U.S. was supposed to drive down prices

If they can export it, then back to world prices and U.S. Consumers would not benefit. However producers would of course

[GitRDun]

2. This problem will resolve itself over the next couple of years

Shale oil outside of the fairways of these "big frack" plays is not economical.

http://nyp.st/1ztkMgd

Once the public at large figures this out, capital is reallocated, there won't be enough oil sitting around to export.

[OnlinePoker]

3. I thought the drill, baby, drill crowd wanted the oil to free the U.S. from global concerns

The U.S. is still importing 7.3 million barrels a day.

http://www.eia.gov/totalenergy/data/monthly/pdf/sec3_9.pdf