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Lifting the ban on U.S. crude oil exports in 20151:

  • Decreased consumer costs on refined products and natural gas by

    $92 billion

  • Reduced global oil prices by

    $1.93

    per barrel

  • Added

    $1.61 billion

    to the U.S. GDP

  • Increased jobs in the U.S. by approximately

    50,000

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