Goldman Sachs (GS) Warns Diesel Export Ban Would Spike Gas Prices And Strain Refiners
A potential U.S. ban on diesel exports would first push domestic prices lower, then trigger a sharp surge in gasoline costs, according to Goldman Sachs Group Inc. (GS). Goldman Sachs co-head of global commodities research outlined the scenario in a research note modeling a hypothetical export restriction on the fuel. President Donald Trump has backed…