Trump eyes diesel export ban
{beacon} Energy & Environment Energy & Environment The Big Story Trump considers banning diesel exports The Trump administration is considering a ban on exports of diesel as high prices of the fuel put a crunch on American agriculture and trucking. AP Photo/Julia Demaree Nikhinson When asked Tuesday whether he was considering a ban on...
The Trump administration is considering a ban on diesel exports due to high fuel prices affecting American agriculture and trucking. Diesel prices have reached a record high nearly every day this month, with a national average of $6.52 a gallon, according to AAA, as cited by Grist.
The potential ban was endorsed by President Donald Trump, who stated he had "called for it" within his administration. The fuel is a crucial component of the US economy, powering trucks, ships, trains, and agricultural equipment.
Diesel prices have risen almost 80 percent since the start of the war between the United States and Iran, and nearly $1 per gallon in September alone. The US produced over 5 million barrels of distillate fuels per day during the week of September 11 and sent about 1.6 million barrels abroad, according to the US Energy Information Administration, as per Grist.
Brief written by urgent.news from The Hill, Grist — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
