White House denies report US is considering a diesel export ban
- On Wednesday, the White House clarified that a flat diesel export ban is not under consideration, contradicting earlier signals from President Donald Trump and Treasury Secretary Scott Bessent that raised alarms in Mexico.
- Record diesel prices averaging $6.52 per gallon prompted Republican leaders, including Louisiana Governor Jeff Landry and Senator Chuck Grassley, to demand export restrictions to protect farmers and truckers from surging costs.
- Energy Secretary Chris Wright and oil industry groups warned that restricting exports would force refineries to cut production, potentially raising gasoline and jet fuel prices while failing to lower diesel costs.
- Governor Landry issued an executive order Wednesday allowing farmers and timber harvesters to use tax-exempt dyed diesel in highway vehicles through October 22 to mitigate record-high fuel costs.
- Fuel costs remain a significant political liability for Republicans ahead of the November 3 midterm elections, as analysts warn that export bans could exacerbate global supply chain disruptions, particularly impacting Mexico.
297 Articles
297 Articles
Donald Trump threatens an export stop for diesel – and would shake global markets. For Europe, energy dependence on the US is becoming more and more risky.
EU warns US diesel export ban could hurt both sides
The European Union has criticised a proposal backed by US President Donald Trump to restrict diesel exports, warning that such a move could have adverse consequences for both the United States and Europe. European Commission spokesman Olof Gill said on Thursday that Brussels was concerned about the potential impact of the proposed measure, particularly at […] EU warns US diesel export ban could hurt both sides
EU zabrinut zbog najava iz SAD-a o zabrani izvoza dizela
Europska unija sa zabrinutošću prati najavljene planove Sjedinjenih Država o zabrani izvoza dizela, uključujući izvoz u Uniju, izjavio je u četvrtak glasnogovornik Komisije Olof Gill. “Suradnja između EU-a i SAD-a u području energetike snažna je, stabilna i […] Objava EU zabrinut zbog najava iz SAD-a o zabrani izvoza dizela pojavila se prvi puta na Novi list.
The European Commission has given its response to the information on the examination of the restriction of diesel exports from the US. In Brussels, concern is growing not only about prices, but, after the statements, also about adequacy, as Europe is a major importer of American diesel. The Commission's press representatives were asked today, during the established press conference, whether the European Commission has a contingency plan for such…
The European Union is opposing the Donald Trump administration's plan to limit US exports of diesel oil, warning that such a measure could harm both the US and the European economy.The European Commission has described the proposal as a “bad idea”, while Brussels says it has expressed concerns directly to U.S. partners at the highest levels.” We believe this is a bad idea and could potentially have a negative impact on both sides,” European Comm…
The European Commission is watching with concern the consideration of US President Donald Trump to ban diesel exports. This American fuel accounts for about half of Europe's imported diesel, so any supply disruption could hit both its price and supply.
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