Daily Market Updates: Potential U.S. diesel export limits could add 30 cents per gallon

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Potential U.S. diesel export limits could add 30 cents per gallon

Goldman Sachs strategists project the restriction could lift domestic retail gasoline prices by about $0.30 per gallon.

Reported · Written up by our desk · Energy

MarketWatch reports that Goldman Sachs strategists estimate potential restrictions on U.S. diesel exports would likely push up domestic retail gasoline prices.

In their view, the added cost would be about $0.30 per gallon for consumers at the retail level.

The analysis is based on how tighter diesel export flows could translate into higher gasoline pricing inside the United States, according to the MarketWatch summary.

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MarketWatchHow a U.S. diesel export ban would play out, according to Goldman Sachs

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Potential U.S. diesel export limits could add 30 cents per gallon

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