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re: Bessent says administration studying the feasibility of a diesel export ban

Posted on 9/22/26 at 6:44 pm to
Posted by Ten Bears
Florida
Member since Oct 2018
5331 posts
Posted on 9/22/26 at 6:44 pm to
quote:

The MAGA lurch left should not have been surprising.


I’m not even sure Bernie Sanders would be so stupid as to suggest this.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
84114 posts
Posted on 9/22/26 at 7:59 pm to
quote:

Do you really believe we have free markets?


Of course not, at least in the hyper-literal sense.

If we did I could run down to the corner market and buy some hand grenades, dynamite, and a full auto rifle.


What we do have is a spectrum market that goes from more free to less free and this move would no doubt be in the less free direction.
Posted by GoblinGuide
Member since Nov 2017
2362 posts
Posted on 9/22/26 at 8:08 pm to
quote:

Those greedy fricks are only interested in making more profits. They don't give 2 shits about average Americans.


Well yeah, that's pretty much modern capitalism.
Posted by Sweep Da Leg
Member since Sep 2013
4788 posts
Posted on 9/22/26 at 8:26 pm to
When was the last time we had a free market? Not in any of our lifetimes
Posted by ragincajun03
Member since Nov 2007
30203 posts
Posted on 9/22/26 at 8:31 pm to
Chris Wright knows way more on this subject than Donald Trump. Bergum likely does too.

But politicians are going to politician.
Posted by texag7
College Station
Member since Apr 2014
41766 posts
Posted on 9/22/26 at 8:32 pm to
quote:

So we expect foreign producers to eat the cost increases?


Foreign producers of what?
Posted by oldskule
Down South
Member since Mar 2016
26248 posts
Posted on 9/22/26 at 8:33 pm to
u r correct
Posted by Herschal
USA
Member since Sep 2011
2476 posts
Posted on 9/22/26 at 8:37 pm to
quote:

This is EXACTLY what we should do. We supply a significant amount of diesel and oil fuel products to Europe. Cut it off.


I’m all for it, but where does that excess go that is piped for export? Can it be redirected? I’m not a surface guy, just upstream, so I really don’t know and generally curious.

ETA: I’m sure we could figure it out.
This post was edited on 9/22/26 at 8:38 pm
Posted by LegendInMyMind
Member since Apr 2019
76709 posts
Posted on 9/22/26 at 8:40 pm to
quote:

u r correct

No, he isn't.
Posted by Woolfpack
Member since Jun 2021
1964 posts
Posted on 9/22/26 at 9:48 pm to
Cap diesel exports and waive the jones act for 90 days. Cheap foreign tankers can run diesel up the east coast and within days will start relieving the soon to be gulf coast glut created by the export cap.

Suspend the renewable fuel standard for the same period or longer to appease the refiners.

Gets us through Christmas with up to a dollar a gallon savings and doesn’t increase gasoline prices.

Will suck to be a eurotard but they’re probably behind the Russian refinery strikes or at least gave the nod, probably. Send them coal.




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