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First U.S. Oil Export Leaves Port; Marks End to 40-Year Ban

2016-01-01 17:55:36| Oil & Gas - Topix.net

The first U.S. shipment of crude oil to an overseas buyer departed a Texas port on Thursday, just weeks after a 40-year ban on most such exports was lifted. The Theo T tanker has left NuStar Energy LP's dockside facility in Corpus Christi, Texas, along the western shore of the Gulf of Mexico, Mary Rose Brown, a spokeswoman for NuStar, said in an e-mail.

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