{"id":51721,"date":"2026-09-24T07:04:26","date_gmt":"2026-09-24T07:04:26","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=51721"},"modified":"2026-09-24T07:04:26","modified_gmt":"2026-09-24T07:04:26","slug":"trump-gearing-up-for-90-day-diesel-export-ban-but-energy-secretary-wright-says-idea-would-not-work","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=51721","title":{"rendered":"Trump Gearing Up for 90-Day Diesel Export Ban \u2013 But Energy Secretary Wright Says Idea Would Not Work"},"content":{"rendered":"

\"\"<\/p>\n

US diesel prices have more than doubled from lows about nine months ago as President Trump weighs curbing exports to cool costs at the pump.<\/p>\n

The White House is preparing a 90-day ban on diesel shipments, reports<\/a> Politico, in what would be the first US energy-export curb since 2015, when the Obama administration lifted a long-running crude oil export ban.<\/p>\n

The AAA puts the national average near $6.52 a gallon, up sharply from $3.69 a year earlier amid Middle East and Ukraine-linked supply shocks.<\/p>\n

Energy Secretary Chris Wright has argued a blunt export ban would not work and could push gasoline and jet-fuel prices higher if refiners cut runs.<\/p>\n

\u201cThe blunt tool of banning diesel exports definitely doesn\u2019t work because the U.S. exports a lot of diesel. We\u2019re the largest diesel exporter in the world, but that same refinery that produces diesel also produces gasoline and jet fuel. So, if you can\u2019t export the diesel that comes out of our refineries when you run out of places to store it, and you have to reduce US refining, which would put upward pressure on gasoline prices and jet fuel prices.\u201d<\/em><\/p>\n

A White House spokesperson says the story about Trump weighing in on a 90-day diesel export ban is not true.<\/p>\n

\u201cPolitico published this Fake News even though the Energy Secretary publicly addressed this earlier today.\u201d<\/em><\/p>\n

Diesel futures fell<\/a> about 7% on the ban talk.<\/p>\n

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The post Trump Gearing Up for 90-Day Diesel Export Ban \u2013 But Energy Secretary Wright Says Idea Would Not Work<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

US diesel prices have more than doubled from lows about nine months ago as President Trump weighs curbing exports to cool costs at the pump. The White House is preparing a 90-day ban on diesel shipments, reports Politico, in what would be the first US energy-export curb since 2015, when the Obama administration lifted a […]<\/p>\n","protected":false},"author":1,"featured_media":51722,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-51721","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\nTrump Gearing Up for 90-Day Diesel Export Ban \u2013 But Energy Secretary Wright Says Idea Would Not Work - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=51721\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Gearing Up for 90-Day Diesel Export Ban \u2013 But Energy Secretary Wright Says Idea Would Not Work - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"US diesel prices have more than doubled from lows about nine months ago as President Trump weighs curbing exports to cool costs at the pump. 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