Inflation and supply chains cross borders
To the Journal editor: Energy markets are global and so is the supply chain that puts food, clothing and household goods on store shelves. As everyone in Michigan knows, car parts are manufactured in many countries, shipped and trucked through them all and assembled right here at home. Fuel costs touch every step. That is why an export restriction should not be judged only by what it might do to one domestic fuel price. If the policy reduces supply available to the global market, it could raise fuel and transportation costs elsewhere. Those costs can still reach American families ...
