Here is what the page “Brouillette: Diesel Export Ban Would Backfire, Raise Gas Prices” contains. Dan Brouillette, Former Secretary of Energy during the first Trump administration and Co-chair of the Torridon Group, tells "Balance of Power" that a US diesel export ban would be a "bad idea" because it could eventually force refiners to cut production and raise gasoline prices. Brouillette explains the unintended consequences of such a policy, emphasizing the interconnected nature of global fuel markets. He also says reopening the Strait of Hormuz is the most important near-term step to bringing fuel prices down and argues markets need confidence that it will remain open.
Brouillette believes constrained US refining capacity is contributing to higher prices and discusses the need for policies that support domestic energy production. The interview provides a comprehensive analysis of energy market dynamics and the potential fallout from protectionist measures. This listing links straight to the original page, where the content is available in full.
