Energy Industry Strikes Back At Democrats' Oil Export Ban Proposal

Energy industry insiders have slammed a proposal by a group of Democratic Senators to ban U.S. oil exports in a bid to rein in retail fuel prices. "That proposal does absolutely nothing to alleviate higher prices or to make prices lower than in any sort of relative sense," petroleum economist Karr Ingham from the Texas Alliance of Energy Producers and creator of the Texas Petroleum Index told Fox News. "The economics of that are pretty clear. And if the suggestion on the part of the administration is that in implementing a ban on U.S. crude…