"About half a million barrels a day of jet fuel is exported out of the Strait of Hormuz, mainly to Europe and some to Asia and Africa, while total U.S. jet fuel exports averaged 219,000 bpd last year."
"Even if the U.S. had plenty of jet fuel, it has plenty of airlines too, and most U.S. jet fuel production is concentrated in the U.S. Gulf Coast."
"The West Coast in particular is going to need more supply of the fuel from the U.S. Gulf Coast as many of its typical suppliers in Asia are among those hit hardest by the Strait of Hormuz closure."
President Trump suggested countries affected by Iran's blockade of the Strait of Hormuz buy jet fuel from the U.S. However, U.S. exports cannot cover the global shortfall. The U.S. is the largest consumer of jet fuel, with most production used domestically. Current production slightly exceeds demand, and major demand centers rely on imports. The West Coast, in particular, faces supply challenges as Asian refiners cut production. Increased exports could also raise prices for U.S. consumers.
Read at Yahoo Finance
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