Chevron CEO warns US diesel export ban risks higher prices

Bloomberg · yesterday
Chevron CEO warns US diesel export ban risks higher prices
  • Chevron CEO Mike Wirth said a US ban on diesel exports would raise prices in some parts of the country.
  • Wirth said the ban would send a bad signal to allies that depend on the US as a reliable fuel supplier.

Quotes

“You could see some upward pressure on prices in some parts of the country”— Mike Wirth
“And I think particularly for our allies, it would send a very bad signal where the US has been a reliable supplier in a time of need.”— Mike Wirth

Sources