Pioneer's Sheffield is 'cautiously optimistic' on lifting of export ban

摘要

Scott Sheffield, chairman and CEO of Pioneer Natural Resources, kicked off the DUG Permian Basin conference in late May by expounding on the Permian Basin's great promise for long-term growth and the major hurdle that stands in its way: the 1975 U.S. Energy Policy and Conservation Act, which bans crude oil imports and exports except in select circumstances.