Trump Backs Diesel Export Ban, But Analyst Says Price Declines Likely Won’t Spread Beyond Gulf States: ‘Really Nervous’
President Donald Trump has backed calls to restrict U.S. diesel exports amid record-high prices at the pump, but GasBuddy analyst Patrick De Haan warned that the move may not result in price declines beyond the Gulf Coast. Patrick De Haan is ‘Really Nervous’ In a post on X on Tuesday, De Haan expressed his concern about Trump’s possible export ban on diesel, which made him “really nervous.” The analyst said that “while some price declines could happen in Gulf states, its unlikely that relief will spread much beyond that.” Gulf states in the U.S. are located bordering the Gulf of Mexico/America and include Florida, Texas, Louisiana, Mississippi and Alabama. “Politicians imagine prices plummeting in all states, and that’s a significant disconnect from reality,” the analyst said in the post. really nervous and hope the message gets through that while some price declines could happen in Gulf states, its unlikely that relief will spread much beyond that. meaning politicians imagine prices plummeting in all states, and that's a significant disconnect from reality. — Patrick De Haan (@GasBuddyGuy) September 22, 2026 Read Also: Iran Hits Back at Trump Over Soaring Fuel Prices — Says Blamin
S. diesel exports amid record-high prices at the pump, but GasBuddy analyst Patrick De Haan warned that the move may not result in price declines beyond the Gulf Coast. S. are located bordering the Gulf of Mexico/America and include Florida, Texas, Louisiana, Mississippi and Alabama.
“Politicians imagine prices plummeting in all states, and that’s a significant disconnect from reality,” the analyst said in the post. really nervous and hope the message gets through that while some price declines could happen in Gulf states, its unlikely that relief will spread much beyond that. meaning politicians imagine prices plummeting in all states, and that's a significant disconnect from reality. S.
De Haan said that an export ban could complicate the situation with Canada. “USMCA may cover this and that opens another can of worms too,” he said. S. and Canada were engaged in trade talks last month covering Trump’s tariffs, but the talks fell through with both parties shifting the blame on the other.
USMCA may cover this and that opens another can of worms too. , along the Gulf of Mexico/America comprise five states: Texas, Louisiana, Mississippi, Alabama and Florida. S. 5276/gallon on Tuesday.
9653/gallon for diesel on Tuesday on average. 0583/gallon for diesel. 1594/gallon for diesel on average. Read Also: Gavin Newsom Fires Back at Trump’s 'Disastrous' Iran War With E15 Gas Push as California Fuel Tops $6 Check out more of Future Of Mobility coverage by following this link.
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