
Goldman: Diesel Export Ban Could Raise Gas 30 Cents a Gallon Each Week
$0.30 a gallon each extra week: that's Goldman's estimate for what an extended U.S. diesel export ban would add to average retail gas prices, once storage tanks fill. Why it hits drivers: refiners, unable to store extra diesel, would process less oil overall, shrinking gasoline supply too. Figure is Goldman Sachs' estimate, per Sept. 28 reporting.
Published