Trump says he is still considering diesel export ban
USO•President Donald Trump said he discusses a possible diesel export ban every day, saying it could lower diesel costs but negatively affect gasoline prices.
1. Ban remains under consideration
Trump said the administration discusses banning diesel exports “every day” as it seeks to curb rising energy prices. He said a ban could lower diesel costs but have a negative impact on gasoline prices.
2. Supply disruptions cited
Trump said the Ukraine-Russia war and strikes affecting energy production and exports were the main cause of rising diesel prices. Energy Secretary Chris Wright cited lost diesel exports from the Middle East and China, and said the administration expected announcements soon from Europe about new diesel supplies.
