So it may be counterintuitive to some, but if we allow crude oil exports, at least over time we are going to stabilize world prices and probably bring them down because we are increasing U.S. domestic crude oil production.
Barton discusses the potential benefits of allowing crude oil exports.
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Mr. Chairman, can I inquire how much time I still have. The Acting CHAIR. The gentleman from Texas has 1 minute remaining.
I think it's good to have this and I think it's very good that we try to work to tighten up and, as the gentlelady just said, let's determine what the real intent is and then legislate accordingly.
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