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September 28, 2026
Trump Considers Diesel Export Ban Amid Record High Prices
- President Trump is considering a ban on diesel exports to lower domestic prices, which have hit $6.45 per gallon on average.
- Experts warn that such a ban could disrupt global markets and exacerbate economic challenges both domestically and internationally.
- The U.S. produces approximately 4 to 5 million barrels of diesel daily, with 1.2 to 1.5 million barrels exported, primarily to Latin America and Europe.
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4 Sources
- Trump ‘very seriously’ considering diesel export ban as global supply crunch worsensSep 28, 2026 at 8:24 AM · CNBC
- It’s likely you’re going to see gas prices go even higher. Here’s whySep 28, 2026 at 2:56 PM · Independent
- What Trump's potential US diesel export ban could mean for youSep 28, 2026 at 6:18 PM · BBC
- These Republicans Have Called on Trump to Ban U.S. Diesel ExportsSep 28, 2026 at 7:09 PM · NYT