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White House denies plan for 90-day diesel export ban
The denial comes after the U.S. national average diesel price topped $6.50 a gallon, according to AAA data, and officials said they are instead looking at ways to increase domestic diesel supply.
The White House denied that the administration is considering a ban on U.S. diesel exports, responding to earlier comments from President Donald Trump and Treasury Secretary Scott Bessent that had suggested restrictions were possible. According to OilPrice, a White House official denied a report that a 90-day diesel export ban was being prepared, and Energy Secretary Chris Wright said no flat ban on shipments is being considered.
Wright said the administration is focused on measures to get more diesel into the U.S. market while maintaining maximum flows of gasoline and jet fuel. The clarification followed Trump signaling support for keeping more U.S. diesel at home, saying, “I’ve said let’s not send out the diesel.”
Oil market analysts cited by OilPrice said a ban would not solve the underlying drivers of elevated prices and could ultimately worsen fuel costs by affecting U.S. refining capacity. The outlet also pointed to a global diesel crunch tied to supply disruptions associated with wars in Iran and Ukraine that have tightened diesel availability beyond the United States.
As of Tuesday, OilPrice reported the national average diesel price had risen to $6.5276 per gallon, per AAA data, up nearly $1 from a month ago and almost $3 higher than at this time last year. The outlet said record-high diesel prices are raising economic concerns, including impacts on the world’s largest economy.
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