White House officials haven’t completely ruled out fuel export restrictions either, but the American Petroleum Institute and the American Fuel and Petrochemical Manufacturers sent out a joint letter expressing their concerns in early October.
"Banning or limiting the export of refined products would likely decrease inventory levels, reduce domestic refining capacity, put upward pressure on consumer fuel prices and alienate U.S. allies during a time of war,” the group wrote.
The first two assertions sound like threats, the third is a reasonable prediction, and the fourth is not within the purview of an industry group. Who do these people think they are? Of course they can send letters expressing their unhappiness at the prospect, but their actual arguments are specious.
"Banning or limiting the export of refined products would likely decrease inventory levels, reduce domestic refining capacity, put upward pressure on consumer fuel prices and alienate U.S. allies during a time of war,” the group wrote.
The first two assertions sound like threats, the third is a reasonable prediction, and the fourth is not within the purview of an industry group. Who do these people think they are? Of course they can send letters expressing their unhappiness at the prospect, but their actual arguments are specious.