this post was submitted on 26 Jul 2023
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US distillate stocks fail to make summer recovery amid refinery outages (www.reuters.com)
submitted 2 years ago by Haus@kbin.social to c/news@kbin.social
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U.S. diesel, heating oil and jet fuel stockpiles have failed to recover from the 10-year lows hit last year when high prices caused the Biden administration to consider a ban on fuel exports, leaving the markets vulnerable to supply shocks when demand picks up toward the end of the summer.

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[–] HubertManne@kbin.social 2 points 2 years ago

Why don't we just have a general rule that exports are suspended any time the supply is less than X days?