BloombergLean L·
Brouillette Says Diesel Export Ban Would Be a Bad Idea
Dan Brouillette, Former Secretary of Energy during the first Trump administration and Co-chair of the Torridon Group, says a US diesel export ban would be a “bad idea” because it could eventually force refiners to cut production and raise gasoline prices. Brouillette says reopening the Strait of Hormuz is the most important near-term step to bringing fuel prices down and argues markets need confidence that it will remain open. Brouillette thinks constrained US refining capacity is contributing …
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