API President Mike Sommers says a diesel export ban would "only compound the problem."
Americans are hurting from rising diesel costs driven by an unprecedented disruption to global refining capacity. We understand the administration is looking at every option to deliver relief, but restricting U.S. energy exports would only compound the problem — exacerbating refining challenges and ultimately hurting consumers.
The answer is more supply and more flexibility — not new restrictions that risk making a difficult situation worse.
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