Chevron CEO warns against 'unwise' diesel export ban, saying it could make things worse
First reported 7 Oct, 11:45 UTCUpdated 53m ago3 sources
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His comments come as rising Middle East crude exports and an emergency G7 stockpile release appear to have helped to ease supply fears.
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Chevron CEO Mike Wirth called a potential US diesel export ban “unwise”, warning it could worsen global fuel shortages and undermine America’s reputation as a reliable energy supplier amid rising tensions and supply disruptions.
Chevron CEO Mike Wirth warned Wednesday it would be "unwise" of the US to impose a ban on diesel exports, saying such a policy could actually make the global energy crisis worse.
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- Chevron CEO warns ‘unwise’ US diesel export ban could worsen global fuel crunch (opens Mint in a new tab)
Chevron CEO Mike Wirth called a potential US diesel export ban “unwise”, warning it could worsen global fuel shortages and undermine America’s reputation as a reliable energy supplier amid rising tensions and supply disruptions.
- Chevron CEO warns against 'unwise' diesel export ban, saying it could make things worse (opens CNBC in a new tab)
His comments come as rising Middle East crude exports and an emergency G7 stockpile release appear to have helped to ease supply fears.
- Chevron CEO warns against ‘unwise’ diesel export ban, says it could make energy crisis worse (opens New York Post in a new tab)
Chevron CEO Mike Wirth warned Wednesday it would be "unwise" of the US to impose a ban on diesel exports, saying such a policy could actually make the global energy crisis worse.
