Crypto Ticker:
news from ZeroHedge

Trump Admits Diesel US Export Ban Could Raise Gasoline Prices

Tyler Durden
Friday at 13:10
8 Views
0 Comments
Trump Admits Diesel US Export Ban Could Raise Gasoline Prices

Trump Admits Diesel US Export Ban Could Raise Gasoline Prices Authored by Tsvetana Paraskova via OilPrice.com, A potential ban on U.S. diesel exports could have "a negative impact on gasoline," U.S. President Donald Trump said late on Wednesday, although he didn't rule out such a move from the Administration. The President told reporters in the Oval Office that he and the Administration continue to discuss the pros and cons of a diesel export ban every day, "but it just seems that it would have a negative impact on gasoline." Earlier this week, Goldman Sachs analysts also warned that a U.S. diesel export ban would push domestic gasoline prices higher as refiners could be forced to reduce processing rates. President Trump...

Read the full article at the source.

Join the discussion — comment, vote, and submit links.

Register
Was this helpful?
Share:

Comments (0)

Please login or register to join the discussion

No comments yet. Be the first to comment!