Tag: exports

Congress has until the end of June to decide whether to reauthorize the Export-Import Bank, the official credit export agency of the U.S. government. While the bank’s stated mission “is to ensure that U.S. companies—large and small—have access to the financing they need to turn export opportunities into sales,” Ex-Im has gained a reputation for […]

A recent WSJ article explained how the ethanol mandate is leading to a “blend wall” that paradoxically leads U.S. refiners to export their gasoline, raising pump prices at home. This is just another fantastic example of government policies having unintended consequences. Before looking at just how serious the problem is, let’s set the context by […]