VP of Econ & Research @APIenergy. Coming up with 61.8% good ideas, 38.2% bad. Energy analyst, meme enthusiast. Ex-EIA, DOE, IEF. Have a nice day. Tweets my own!
Of the 8 million barrels of diesel traded globally by sea each day, the U.S. supplies about 1.5 million of them — about 20%. An export ban would remove the single largest source of global diesel from the market, and the consequences could be catastrophic.