Free Republic

U.S. refineries are preparing themselves for the possibility that President Biden could impose a ban on fuel exports after the White House dangled the threat of the ban in front of refiners. No action has been taken to date, but with the mid-terms coming up and fuel prices continuing to rise, this could soon change. Earlier this month, the White House requested that the DOE assess the potential impact of banning fuel exports – including gasoline, diesel, and other refined petroleum products. The move suggested that President Biden may be preparing for a ban. This comes ahead of the mid-term...