White House denies report US is considering a diesel export ban
The administration said no final decision has been made as officials warn a ban could cut refinery output and raise gasoline and jet fuel prices.
- The White House denied that the United States had decided to impose or was preparing a diesel export ban, while President Donald Trump said the administration was considering export restrictions.
- U.S. diesel prices reached an average of $6.39 per gallon on September 17, according to AAA.
- Analysts warned that restricting exports could lower prices in some regions but raise costs elsewhere and reduce refinery production of gasoline and jet fuel.
- A European Commission spokesperson called a possible U.S. diesel export ban a “bad idea,” saying it could harm both the United States and Europe.
497 Articles
497 Articles
US to ban diesel exports? Trump weighs drastic move as White House tells Ted Cruz ‘no’: Report
The White House has assured Senator Ted Cruz that the Trump administration will not impose a blanket ban on US diesel exports, Bloomberg reported, even as President Donald Trump weighs restrictions to curb record diesel prices. The administration is also considering measures involving tax-exempt red diesel and biofuel blending rules.
U.S. Energy Secretary Rejects Outright Diesel Export Ban, Favors Voluntary Limits
Energy Secretary Chris Wright said Wednesday the Trump administration plans to steer clear of an outright ban on diesel exports, rejecting a Politico report that the White House was preparing a 90-day prohibition that could be announced within days, according to remarks reported by the Wall Street Journal. Speaking on the sidelines of the United […]
Europe stands up against exploding fuel prices with billions of aid – but Trump's threatening diesel export ban threatens the supply.
The threat of blocking disturbing exports Brussels. Commissioner Jorgensen: "Next winter could be the worst since 2022"
Given the high prices and the impossibility of buying hydrocarbons from Russia due to its sanctions, the European Union pleads with Washington not to limit exports to the Old Continent
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