BIS Aligning EAR with Repeal of Oil Export Ban
The Bureau of Industry and Security is amending the Export Administration Regulations (EAR) to reflect Congress’ 2015 repeal of the U.S. oil export ban, BIS said (here). Effective May 12, the agency's final rule eliminates Export Control Classification Number (ECCN) 1C981 of the Commerce Control List (CCL), which controlled crude petroleum products, BIS said. U.S. crude oil exports that neither involve individuals subject to an export denial order, nor involve any embargoed or sanctioned people or countries, will no longer require a BIS short supply license, the agency said. The 2016 Consolidated Appropriations Act, which entered into force on Dec. 18, codified the repeal of the U.S. prohibition on oil exports.
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(Federal Register 05/12/16)