Bureau of Industry and Security Amends the Export Administration Regulations to Remove Controls on Domestic Crude Oil Exports
Wednesday, May 25, 2016

The US Commerce Department’s Bureau of Industry and Security (BIS) published a final rule implementing changes to the Export Administration Regulations’ (EAR) Short Supply controls on US domestic crude oil. The rulemaking implements changes to the Short Supply controls provisions of the EAR and Commerce Control List (including removing ECCN 1C981) that came into effect in December 2015, under the Consolidated Appropriations Act of 2016. Under the revised provisions, a BIS license is not required to export US crude oil to most destinations, including reconstituted crude petroleum, lease condensate and liquid hydrocarbons produced from tar sands, gilsonite and oil shale.

 

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