1. And he mentioned lifting of the export ban on Alaskan crude, which helped raise oil prices on the West Coast. 2. Higher prices for Alaskan crude will also boost the price of the California oil with which it competes, stimulating production in both states. 3. Much of its business has been geared toward taking Alaskan crude and refining and marketing it on the U.S. West Coast. 4. Much of its business has been geared taking Alaskan crude and refining and marketing it on the U.S. West Coast. 5. Over the years, ARCO has built up a huge refining and marketing system that uses Alaskan crude. 6. Senate-passed legislation to lift the ban on exports of Alaskan crude will likely be debated and voted on in the full House today. 7. They hope exporting will let them narrow the gap between Alaskan crude and other U.S. crude prices. 8. The FTC staff has argued that such dominance could hurt competition in the retail gasoline market in California and the Northwest, where refiners depend heavily on Alaskan crude. |