You Won't Believe the Unlikely Reason Gasoline Prices Are Falling
This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors @TMFEnergy.
Crude oil produced in the United States is restricted from being exported, and opposition is piling in to restrict exportation of refined product. However, with low sulfur diesel fuel in high demand internationally, Americans will actually benefit, as exporting diesel is leading to two-year lows in gasoline prices. For more information on falling gasoline prices and companies responsible for this trend, tune in to the video below.
Should OPEC be worried
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The article You Won't Believe the Unlikely Reason Gasoline Prices Are Falling originally appeared on Fool.com.
Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Enterprise Products Partners L.P.. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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