AFPM and API to Sec. Granholm: Refined Product Export Ban Will Disrupt Global Markets and Harm U.S. Consumers
“Banning or limiting the export of refined products would likely decrease inventory levels, reduce domestic refining capacity, put upward pressure on consumer fuel prices, and alienate U.S. allies during a time of war,” Thompson and Sommers wrote.
With big earnings being reported in the refining sector and countless stories focusing on national gasoline and diesel prices, it’s natural to want
What They’re Saying: Experts Examine How Export Bans Could Drive Up Fuel Prices and Risk Closing Refineries
The U.S. refining sector is the most competitive and resilient in the world. Participation in the global market benefits U.S.