What Happens if the US Bans Diesel Exports

Could a ban on diesel exports bring down fuel prices?

President Donald Trump is reportedly contemplating a 90-day ban on exports of diesel from US refineries. Experts say doing so will create more problems.

Lower diesel prices on U.S. export ban would be short-lived

As war in Iran, Russia and Ukraine squeezes diesel supply, the Trump administration is mulling ways to tame prices ahead of the November midterm elections.

What happens if the US bans diesel exports

AFP examines the reasons below: Why Trump wants a ban Average diesel prices have struck record highs in recent weeks, pushing US prices to a fresh peak of $6.53 per gallon on Tuesday, according to the motorists' association AAA. Prices have surged from $3.76 a gallon at the start of the US-Iran war in late February. Soaring fuel prices threaten to cost Trump's Republicans their control of Congress in November's midterms. Diesel is used largely i…

A Diesel Export Ban Could Lower Diesel Prices But Raise Other Costs

How a U.S. diesel export ban could lower domestic diesel prices while raising food costs, pressuring refiners, and potentially tightening gasoline and jet fuel supplies.