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President Trump said the U.S. is very seriously considering restricting diesel exports. He said fuel pressures are largely tied to attacks on Russian refineries, while Energy Secretary Chris Wright prefers voluntary export limits and Senator Ted Cruz said refiners had previously been told an outright ban would not happ
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By Mark R. LongEnergy Secretary Chris Wright said the Trump administration wouldn't outright ban exports of diesel but rather implement restrictions.In an interview with WSJ Journal House on the sidelines of the United Nations General Assembly, Wright said the administration wouldn't stop all expor…
The US is reportedly preparing a plan to ban diesel exports for 90 days, as the White House mulls acting on record-high fuel prices over the objections of several cabinet members. The US is reportedly preparing a plan to ban diesel exports for 90 days, as the White House mulls acting on record-high fuel prices over the
President Trump said at the UN General Assembly Sep. 22 that he is considering restricting diesel exports, a move which appears to have blindsided oil executives. * Treasury Secretary Scott Bessent said that officials are "examining whether it's feasible in terms of the overall refining capacity and whether a full or p