loading
loading
Search fieldHome page Seeking Alpha - Power to InvestorsSearch for Symbols, analysts, keywordsAbout PremiumCreate free accountLog in Trump says he supports U.S. diesel export ban; Bessent says studying feasibility Sep 22, 2026, 7:50 PM ETUnited States Oil Fund LP ETF (USO), UCO, CL1:COM, CO1:COM, XLEVLO, XOM, CVX, DBO, UNG, FCG, USL, SCO, UNL, BNO, MPC, BOIL, KOLD, PSX, PBF, GUSH, DRIP, USOI, NG1:COMBy : Carl Surran, SA News Editor President Trump said Tuesday he is encouraging his advisors to support a ban on U.S. diesel exports, as the nationwide average of diesel prices continued to rise, reaching a new record high $6.53/gal. "I've said 'let's not send out the diesel,'" Trump To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Search fieldEntering text into the input field will update the search result below Quick Insights A diesel export ban could temporarily lower U.S. diesel prices in some regions but potentially create a glut on the Gulf Coast, causing refiners to cut production and ultimately leading to higher U.S. gasoline prices. A U.S. diesel export ban would tighten diesel supplies in Europe and Latin America, increasing inflation and leaving those regions scrambling for alternatives when global supply is already tight. U.S. refiners could lose overseas customers, be forced to process less crude, reduce fuel production (gasoline and jet fuel), and face operational and revenue pressures.
document fetched 2026-09-23 02:59 · canonical https://seekingalpha.com/news/4645794-trump-says-he-supports-us-diesel-export-ban-bessent-says-studying-feasibility?feed_item_type=news