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🇺🇸 Donald Trump

Trump says diesel export ban is still on the table

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President Donald Trump says an export ban on diesel fuel is still being considered, despite opposition from the oil and gas industry and some of his own advisers.

What happened

President Donald Trump has not ruled out imposing an export ban on diesel fuel, despite concerns from the oil and gas industry and some of his own advisers that such a move would increase prices for all types of fuel. Energy Secretary Chris Wright said the administration is working with European governments to bring down diesel prices. The White House is considering alternative measures to impose price controls on diesel fuel. Trump said he is still considering the export ban, but is open to hea

Why it matters

The decision on whether to impose an export ban on diesel fuel has implications for global energy markets and consumer prices. The move could have a significant impact on the oil and gas industry, as well as on consumers who rely on diesel fuel. The outcome of the decision is uncertain.

Key facts

  • The White House is considering an export ban on diesel fuel
  • Energy Secretary Chris Wright and Interior Secretary Doug Burgum are opposing the ban
  • The administration is working with European governments to bring down diesel prices
  • The oil and gas industry is opposing the ban

Official statement

“I speak to [Energy Secretary] Chris [Wright] and [Interior Secretary] Doug [Burgum] about it a lot — they sort of think it’ll help diesel, but it might raise the price of other things.”

🇺🇸 Donald Trump · Full statement & source

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Publisher evidence used

Reporting attributed to politico.eu. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.

Read at politico.eu

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