On 25 September, energy experts warned that a proposed US diesel export ban, considered by some Republican lawmakers to combat high fuel prices, would ultimately increase both domestic and international fuel costs by decreasing US supply. The policy would backfire against its intended goal.
No BS check run yet — press ⚖ to extract this story's claims and verify them against independent sources.
While some Republican lawmakers have considered a diesel export ban to combat high fuel prices, critics argue such a move would ultimately decrease domestic supply and raise costs by disincentivizing refining capacity.
Energy experts warn US diesel export ban could increase fuel costs domestically and internationally.