Trump ally: White House won't ban diesel exports
The White House has confirmed that the United States will not impose a ban on diesel exports, despite the Biden administration exploring options to reduce fuel prices, which have reached record levels due to rising costs. Senator Ted Cruz, a close ally of Trump, was informed by the White House that exports will not be prohibited, after Trump’s aides requested a study on the possibility of a ban—particularly as the price per gallon has risen to $6.53. The United States is the world's largest diesel exporter, with total exports of about 1.2 million barrels per day out of an overall production of 5.1 million barrels. Diesel is primarily used in heavy transportation, agriculture, and industrial equipment. The administration is considering measures to improve supply by expanding the sale of tax-exempt red diesel and exempting diesel from the biofuel blending program, aiming to lower costs without imposing an outright export ban, and ensuring that gasoline prices do not increase significantly.
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