{"id":428751,"date":"2026-03-19T23:00:18","date_gmt":"2026-03-19T16:00:18","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/us-wont-implement-a-crude-export-ban-report-2\/"},"modified":"2026-03-19T23:00:18","modified_gmt":"2026-03-19T16:00:18","slug":"us-wont-implement-a-crude-export-ban-report-2","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-wont-implement-a-crude-export-ban-report-2-428751\/","title":{"rendered":"US won&#8217;t implement a crude export ban &#8211; report"},"content":{"rendered":"<div>\n<p>One option for Trump to get energy prices down domestically would be to implement an export ban.<\/p>\n<p>Politico reports:<\/p>\n<blockquote><p> The White House will not implement a crude export ban, and told oil executives as much at this morning\u2019s meeting with API, per an admin official who participated in the meeting.<\/p><\/blockquote>\n<p> HFI Research illustrates some of the problems a ban would cause, as the US system is highly integrated with foreign energy.<\/p>\n<blockquote><p>I don&#8217;t think people realize how bad a crude export ban would be for US shale producers.<\/p>\n<p>Here&#8217;s an illustrative example.<\/p>\n<p>Refinery throughput would remain depressed due to crude quality mismatch. <\/p>\n<p>All of the crude imports will come from Canada + some from Venezuela.<\/p>\n<p>US shale is now landlocked, so US commercial crude storage will build.<\/p>\n<p>US commercial crude storage will build so fast that it will force producers to shut-in production. <\/p>\n<p>This is NOT a scenario you want. <\/p>\n<p>If US commercial crude storage builds too fast, it will jam up Canadian crude exports. WCS-WTI differentials will widen, Canadian crude inventories will fill up.<\/p><\/blockquote>\n<p>They estimate US commercial storage would fill by May.<\/p>\n<p>In response to this report, WTI is rising and brent is coming down, closing a portion of the wide spread.<\/p>\n<p>Other energy\/war news hitting in the past few minutes:<\/p>\n<ul>\n<li>Israel&#8217;s Haifa refinery was hit but officials say damage not significant<\/li>\n<li>Netanyahu will hold a press conference at 1830 GMT (2:30 pm ET)<\/li>\n<li>Trump is meeting with Japan&#8217;s Takaichi today<\/li>\n<\/ul>\n<p>WTI crude oil last trade at $96.84, up $1.40 while brent was up $5.14 to $112.69 after reaching as high as $119.13. I believe there was some speculation that Trump&#8217;s scheduled meeting today would be where he would oil executives about an export ban. Obviously that didn&#8217;t happen so we could see some relief here in general.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>One option for Trump to get energy prices down domestically would be to implement an export ban. Politico reports: The White House will not implement a crude export ban, and told oil&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-428751","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=428751"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428751\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=428751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=428751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=428751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}