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Capitol Crude: The US Oil Policy Podcast

US condensate export eligibility may lie in the eye of the producer



Brian Scheid and Herman Wang

Can you choose your own US export adventure if you choose your own name? Self-classifying and self-proclaiming can be a tricky business, but when it comes to condensates, the US Commerce Department appears to be encouraging companies to decide for themselves whether their product is eligible for export.


Platts senior editors Herman Wang and Brian Scheid discuss the Commerce Department's recent "frequently asked questions" document on crude distillation and the implications of companies exporting their condensate without express written approval from the Obama administration, as producers eagerly seek new markets.



Check back every Monday for the latest analysis of US oil policy
news from leading Platts editors covering the Capitol. E-mail the editors at brian.scheid@platts.com and herman.wang@platts.com.


We welcome any feedback or suggestions for topics. Contact us at webeditor@platts.com.


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