EconomyUS diesel export ban could drive up gasoline prices, expert says
A possible US ban on diesel exports after storage facilities are filled could force refineries to reduce operations, cutting gasoline and jet-fuel output and raising prices, expert Oleg Nikolayev says. He estimates that up to 30% of US diesel production is exported and warns the measure could hurt producers and backfire on Washington.
US diesel export ban could drive up gasoline prices, expert says