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Energy Secretary Wright is Correct – Banning Exports of U.S. Diesel only Raises the Price of U.S. Diesel

Speaking to a forum hosted by the Economist in New York, Secretary of Energy Chris Wright explained that banning the export of diesel fuel will do nothing to impact the price of diesel fuel and would, eventually, raise the price. The reasoning is simple. “The blunt tool ​of banning diesel exports definitely doesn’t work,” Wright […]

The post Energy Secretary Wright is Correct – Banning Exports of U.S. Diesel only Raises the Price of U.S. Diesel appeared first on The Last Refuge.

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