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White House Weighs Diesel Export Limits as Officials Warn a Ban Could Backfire

Senior officials say voluntary export limits are preferable to a 90‑day ban that analysts warn would force refiners to cut runs and raise other fuel prices.

Overview

  • A Politico report on Wednesday said the administration was preparing a 90‑day ban on diesel exports, prompting market moves and a burst of political lobbying.
  • The White House publicly denied the report and called the coverage fake news while President Trump said he supports keeping more U.S. diesel at home.
  • Energy Secretary Chris Wright and other senior officials have rejected an outright ban and promoted voluntary or targeted limits as a less risky option.
  • Analysts and industry groups warn a full 90‑day ban could fill storage, force refiners to cut crude runs, lower gasoline and jet‑fuel output, and push other fuel prices higher.
  • With diesel at record U.S. averages and farm‑state Republicans pressing for action, deliberations remain active and markets are watching for any formal policy decision.