What’s New
What they’re saying: Diesel export ban equals higher gas prices
We’ve shared why a diesel export ban could mean less U.S. fuel production and higher prices. Now, a growing chorus of experts, analysts and administration officials is sounding the same warning specifically for gasoline: an export ban could push prices at the pump higher.
What they’re saying, part 4: Export ban is the wrong move for U.S. energy security
Part 4 of our ongoing series sharing expert perspectives on why a diesel export ban (or a ban on U.S. crude oil or any American-made fuels) would backfire spectacularly.
Issues and Policies
18.6 million
U.S. refining increased to more than 18.6 million barrels per day, almost 20% of global capacity.
$185 billion
Petrochemical manufacturers have invested $185 billion to expand operations to meet growing demand.