US Energy Secretary Ernest Moniz Thursday said with the US awash in domestically produced oil, it may be time to review the country’s ban on crude exports. But the Department of Energy has no immediate plans to change the composition of or sell off any part of the key Strategic Petroleum Reserve, he said. “There certainly is a need for a reserve,” Moniz told reporters in a briefing at the Platts Global Energy Outlook Forum in New York. “In general terms, I do think that a relook at how the reserve is managed could be relevant, [but] going forward, nothing imminent.” Article continues below… Request a free trial of: Oilgram News Oilgram News Oilgram News brings you fast-breaking global petroleum and gas news on and including: Industry players, upstream and downstream markets, refineries, midstream transportation and financial reports Supply and demand trends, government […]