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🇺🇸🇷🇺 Trump says the U.S. may ban diesel exports to fight record prices. He said Sunday it's under "very serious" consideration, though it could raise gasoline prices a little. US diesel averages about $6.50 a gallon, a record. Trump blames attacks on Russian refineries. Energy @SecretaryWright prefers voluntary export limits, and Sen. @TedCruz says the White House earlier told refiners no ban was coming.
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🇺🇸The White House is allegedly blinking on a 90-day diesel export ban after oil execs and Energy Secretary Chris Wright warned it would backfire. Officials are reportedly now eyeing dyed off-road diesel (exempt from federal road fuel taxes), state tax holidays, and a voluntary pause or reduction in exporting as the national average hits $6.50 a gallon. Trump is still expected to announce something by early next week.
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