US diesel export ban would cut US prices but raise them in Europe: Goldman Sachs

A US diesel export ban would initially lower prices by 25 cents/gallon each week, or about 4% from the current $6.50/gal in the US, and would raise European wholesale prices by $3/barrel, or about 2%, Goldman Sachs analysts said in a report. Releases of European strategic diesel reserves might offset about half of that potential ...