Trump backs diesel export ban proposal; EU warns of spillback

President Trump on 22 September backed a proposal to ban US diesel exports for 90 days before midterm elections to combat rising pump prices. By 24 September, the EU warned that such a ban would negatively impact both sides and raise fuel costs across Europe.

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Trump says he backs the idea of a ban on diesel exports

rss:straitstimes-worldinternational7d ago kagi ↗

UNITED NATIONS, Sept 22 - President Donald Trump on Tuesday said he backed the idea of a ban on diesel exports, which some US politicians are calling for as a way to curb the soaring cost of energy.

Trump eyes diesel export ban

rss:thehillus_mainstream7d ago kagi ↗

{beacon} Energy & Environment Energy & Environment The Big Story Trump considers banning diesel exports The Trump administration is considering a ban on exports of diesel as high prices of the fuel put a crunch on American agriculture and trucking. AP Photo/Julia Demaree Nikhinson When asked Tuesday whether he was considering a ban on...

"Not such a good idea": How banning diesel exports to lower prices could backfire

stream:bsky-jetstreamother7d ago kagi ↗

Great piece on Marketplace today about the unintended consequences of Trump's and Bessent's calls to ban exports of diesel fuel. If only the president and his cabinet had experts they could call on for sound economic advice! www.marketplace.org/story/2026/0... Some senators and governors are calling on the Trump administration to temporarily ban diesel exports to boost domestic supply. Experts say

Trump's Proposed Diesel Export Ban Could Backfire Enormously https://gizmodo.com/trumps-proposed-diesel-export-ban-could-backfire-enormously-2000815624

stream:bsky-jetstreamother7d ago kagi ↗

Trump's Proposed Diesel Export Ban Could Backfire Enormously https://gizmodo.com/trumps-proposed-diesel-export-ban-could-backfire-enormously-2000815624 President Donald Trump was asked about a potential ban on diesel exports Tuesday, something that a number of prominent Republicans have called for in recent days. Trump insisted he’s called for a diesel export ban before (which isn’t true) and that

President Trump backs possible U.S. diesel export ban

kite:businessother6d ago kagi ↗

President Trump said Tuesday that he supports halting U.S. diesel exports as prices reached record levels, while Treasury Secretary Scott Bessent said the administration was examining whether a full or partial ban would be feasible. Trump made the remarks in New York before meeting Ukrainian President Volodymyr Zelenskyy, saying the United States produces substantial diesel and that withholding ex

A Diesel Export Ban Is a Bad Idea. Trump Needs It Anyway

stream:bsky-jetstreamother6d ago kagi ↗

🎁GIFT LINK🎁 A diesel export ban is a bad idea - unless you’re Trump @opinion.bloomberg.com www.bloomberg.com/opinion/arti... The US is not short of diesel but Republicans’ odds for the midterms appear ever longer. So a ban on diesel exports, terrible idea though it is, now looks more likely.

What are the possible effects of a diesel export ban on the economy and the environment? — Society Speaks

stream:bsky-jetstreamother6d ago kagi ↗

What are the possible effects of a diesel export ban on the economy and the environment? Where do YOU stand? Join the debate: President Trump said during a Tuesday press interview alongside Ukrainian President Volodymyr Zelensky that he has also called for a ban on U.S. diesel exports, joining other conservative voices who back the policy. Why it matters: Trump's endorsement marks a shift for an a

Trump Backs Ban on Diesel Exports Amid Growing Calls From Republicans

stream:bsky-jetstreamother6d ago kagi ↗

“But this proposed quick fix may not be a fix at all. In some places in the country, it could, despite its intent, lead to even higher prices at the pump.” Gee if only Trump had helped end the Russian war on Ukraine and not started a war with Iran, diesel would not be >$8/gallon in CA right now Average diesel prices continue to break records as international conflicts put a strain on the global oi

Trump sparks debate over diesel export ban

rss:france24international6d ago kagi ↗

The Trump administration's suggestion that it could ban or limit diesel exports has sparked furious backlash from the American oil industry. Politicians are trying to bring down soaring energy prices ahead of the midterm election in November, but critics say a ban would cause supply problems and higher prices both at home and abroad. Also in this edition - the OECD says the global economy is withs

How a ban of diesel exports could lead to higher prices — even in the U.S.

stream:bsky-jetstreamother6d ago kagi ↗

"The US is the largest exporter of diesel, sending on average 1.4 million barrels of fuel a day... mainly to Latin America and Europe. ...a blanket ban would ...push domestic refineries to cut production. That, in turn, would almost certainly lead to higher gasoline prices." wapo.st/4yRCMQv President Donald Trump said Tuesday that he’s calling for a ban on diesel exports, and his administration co

Trump Has a Diesel Problem

rss:bloomberg-politicsus_mainstream6d ago kagi ↗

The US is not short of diesel but Republicans’ odds for the midterms appear ever longer. So a ban on diesel exports, terrible idea though it is, now looks more likely, Bloomberg Opinion columnist Liam Denning says. (Source: Bloomberg)

China Has Sensitive F-35 Parts Diverted to Hong Kong

rss:bloomberg-politicsus_mainstream6d ago kagi ↗

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Senator Tina Smith (D-MN) says she's "very open" to the idea of a diesel export ban gaining traction in Washington, while cautioning it would be a short-term fix to a longer-term problem as the war with Iran keeps energy costs elevated. American Petroleum Institute President and CEO Mike Sommers warns

'He doesn't understand': Major Texas paper tears apart Trump's plan for diesel crisis

stream:bsky-jetstreamother5d ago kagi ↗

'He doesn't understand': Major Texas paper tears apart Trump's plan for diesel crisis www.rawstory.com/houston-dies... The editorial board for the Houston Chronicle raked President Donald Trump over the coals Thursday morning for his plan to ban diesel exports from the United States for three months — a plan that even...

EU says Trump plan to ban US diesel exports would ‘negatively impact both sides’

rss:guardian-ukanglo5d ago wire ×2 kagi ↗

US president’s suggested 90-day export ban before midterm elections could bring even higher fuel prices across Europe Business live – latest updates The EU has warned Donald Trump against plans to ban US diesel exports to the global market, saying the move would negatively affect Europe and the US. The European Commission has reacted with “concern” to reports this week that the US president could

The US supplies about a third of the UK’s diesel exports. Despite this, the PM did not raise the issue of a potential diesel export ban with Trump when they had their first meeting in NYC on Tuesday,

stream:bsky-jetstreamother5d ago kagi ↗

The US supplies about a third of the UK’s diesel exports. Despite this, the PM did not raise the issue of a potential diesel export ban with Trump when they had their first meeting in NYC on Tuesday, according to people familiar with the matter. ft.com/content/68173e… via @ft