The Gate Stayed Open

The US, the world's biggest diesel exporter, weighed banning exports. Instead the G7 promised not to restrict energy exports to each other. Diesel is still $6.37 a gallon.

The US, the world's largest diesel exporter, considered banning exports last week; instead the G7 pledged to refrain from energy export restrictions among themselves, while one strategist says anything short of more oil from the Middle East is shuffling deck chairs.

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