U.S. Refiners to Urge Biden Administration Not to Ban Fuel Exports

Seeking Alpha2022-06-23

U.S. oil refiners will try to convince the Biden administration not to ban exports of domestic fuel to combat record-high gasoline prices during tomorrow's scheduled meeting with Secretary of Energy ...

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Comments

  • BlueBear
    2022-06-24
    BlueBear
    Okay 
  • Mindthink
    2022-06-23
    Mindthink
    Ok
  • Williamw
    2022-06-23
    Williamw
    Ok
  • Bubble5728
    2022-06-23
    Bubble5728
    Ok
  • Leo445
    2022-06-23
    Leo445
    K
  • MHh
    2022-06-23
    MHh
    If he bans fuel exports, that would not be in line with the current foreign policies. The current high fuel costs is largely due to sanctions which the US supports. The bigger problem is that if he bans, wouldthe other countries turn nationalist too and ban other forms of exports?The impact is far too wide and risky to adopt this.Sometimes the best strategy is just to let the market work the way it would without interference.
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