The Fallacy of Coercion

Energy Secretary Jennifer Graham home and other administration officials chastised the industry representatives for low diesel stockpiles. At least one official also raised the prospect of a minimum inventory requirement under which refiners or other participants in the US fuel supply chain could be forced to store more gasoline, diesel and other petroleum products domestically. Particulars of such an inventory requirement were not discussed, including how it might be implemented,. what companies would bear the compliance burden and what quantity of supply might be sufficient.