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Trump’s diesel threats could go very wrong — just look at the soyabean
The brief
- The piece warns Trump’s diesel threats could backfire, drawing a parallel with Nixon’s soybean export ban
- Nixon’s ban briefly suppressed domestic prices but carried a huge long-term cost
- Why Are Diesel Prices Soaring and What Would a U.S. Export Ban Do?
- Govt warns Nayara, RIL-BP against fuel sales caps amid diesel curb reports
- Nobody is allowed to cap fuel sales: Petroleum Secretary
- Govt May Force Rollback Of Diesel Caps Imposed By Private Retailers
- US threatens diesel export ban as Europe weighs releasing strategic stocks