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Businesses warn of diesel costs if US diesel export ban is imposed
Diesel prices averaged $6.51 per gallon Thursday, up nearly $3 year over year, according to AAA data cited by CNBC.
Big business groups have warned President Donald Trump against imposing a diesel export ban, arguing it could raise costs for US consumers, according to a joint letter covered by CNBC.
CNBC Markets said the national average price of diesel was $6.51 per gallon on Thursday, nearly $3 higher than the same period a year ago, citing data from AAA.
The companies’ warning comes as diesel prices remain elevated, with the groups raising concerns that a policy change could further affect fuel costs.
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