Chevron CEO warns against diesel export ban

Summarised from 2 outlets · Updated 7 Oct, 16:00 · Archive

Chevron's chief executive has warned that a US diesel export ban would worsen the global energy crisis.

Chevron CEO Mike Wirth warned that imposing a ban on diesel exports would be 'unwise' and could worsen the global energy crisis, according to comments made on Wednesday.

His warning comes as rising crude oil exports from the Middle East and an emergency stockpile release by the G7 appear to have helped ease supply concerns.

How it is being reported

• Chevron CEO warns against ‘unwise’ diesel export ban, says it could make energy crisis worseChevron 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.New York Post · 7 Oct, 15:46
• Chevron CEO warns against 'unwise' diesel export ban, saying it could make things worseHis comments come as rising Middle East crude exports and an emergency G7 stockpile release appear to have helped to ease supply fears.CNBC · 7 Oct, 10:16

In this story: Chevron · Mike Wirth · United States · Middle East · G7

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