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Energy data agency Kpler said that if the US imposes a ban on diesel exports, global diesel supply will be scarce and will immediately push up diesel prices in Europe, Latin America, and the west coast of the United States. David Tonian, a senior distillate research analyst, said in a September 22 report: “There is no alternative source for America's huge export volume.” He said that the possibility of introducing a ban is still “unlikely” and “will cause the US refining industry to lose millions of dollars in revenue and also cause loss of efficiency.” Kpler pointed out that this potential export restriction would cut off Latin America and northwest Europe's most important source of diesel supply.
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Energy data agency Kpler said that if the US imposes a ban on diesel exports, global diesel supply will be scarce and will immediately push up diesel prices in Europe, Latin America, and the west coast of the United States. David Tonian, a senior distillate research analyst, said in a September 22 report: “There is no alternative source for America's huge export volume.” He said that the possibility of introducing a ban is still “unlikely” and “will cause the US refining industry to lose millions of dollars in revenue and also cause loss of efficiency.” Kpler pointed out that this potential export restriction would cut off Latin America and northwest Europe's most important source of diesel supply.
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