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Trump Weighs 30-Day Diesel Export Ban to Cut Prices

By Drooid · · How we work

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Story summary
  • President Donald Trump is weighing a ban on U.S. diesel exports to lower pump prices.
  • Energy Secretary Chris Wright has asked refiners about a voluntary diesel export limit.
  • Sen. Chuck Grassley says record diesel prices are killing farmers and backs the export ban.
  • JPMorgan analyst Natasha Kaneva said a 30-day diesel export ban would first cut prices, then raise gasoline and jet fuel.