Since Crude Export Ban Lifted, US Has Dropped ‘Climate Bomb’ On World
After Congress lifted a ban on crude exports in late 2015, oil and gas production in the Permian Basin soared while domestic consumption remained flat—leading to a massive build-out of pipelines and other infrastructure that culminated in the U.S. "flooding global markets" with fossil fuels at the expense of humanity, in general, and vulnerable Gulf Coast communities already overburdened by pollution, in particular.
That's the focus of the third chapter of The Permian Basin Climate Bomb, a six-part multimedia report by Oil Change International, Earthworks, and the Center for International Environmental Law. The latest installment, released Wednesday, shows that the drilling and fracking boom that turned this area in the U.S. Southwest into "the world's single most prolific oil and gas field" over the past decade was not driven by rising domestic demand, but by a surge in exports after 2015.