Condensates—a super-light oil that's a byproduct of the U.S shale boom—could open the door to eventual crude exports.
Backers in favor of the Canada-to-Texas pipeline are pointing to the crisis in Iraq as a rationale for pushing the project forward.
Advocates for more oil exports say it will lower U.S. energy costs. Not so fast, say their opponents.
What's bad news for consumers—namely, high energy prices—can be great for large investors and oil and gas companies.
Ending the U.S. oil export ban could be a boon for growth, two research reports argued Thursday.