A proposed or hypothetical U.S. crude export ban would dislocate the integrated U.S.-global oil trade, causing regional price divergence across the country. Michelle Brouhard warns that U.S. maritime rules would complicate redistribution of fuels, making domestic logistics more difficult and amplifying market frictions for energy flows.
A proposed or hypothetical U.S. crude export ban would dislocate the integrated U.S.-global oil trade, causing regional price divergence across the country. Michelle Brouhard warns that U.S. maritime rules would complicate redistribution of fuels, making domestic logistics more difficult and amplifying market frictions for energy flows.
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