What a US diesel export ban could mean for refiners
S&P Global reports that Trump said “let’s not send out the diesel” on September 22, as a potential export ban was being floated amid record-high prices.
TLDR
S&P Global warns that a US diesel export ban would send “shockwaves” through the refining system. Analysts and industry watchers cited by the publisher say a ban is more complicated than it might appear as a way to boost domestic supply and lower prices. Separately, one commenter called publicly discussing a ban a mistake regardless of whether it is implemented, arguing that the discussion itself amounted to an admission of a crisis.
What a US diesel export ban could mean for refiners
S&P Global reports that Trump said “let’s not send out the diesel” on September 22, as a potential export ban was being floated amid record-high prices.