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White House denies report of planned 90-day diesel export ban

The White House denied a Sept. 23 report that the administration was preparing a 90-day ban on diesel exports. Energy Secretary Chris Wright said a blanket ban would not work and warned it could push up gasoline and jet-fuel prices.

Why it mattersA ban could force refiners to curb output, risking immediate price hikes on gasoline and jet fuel.

How we got here

  1. API CEO Mike Sommers publicly opposed restrictions, warning they could worsen refining challenges and harm consumers. Api
  2. The White House denied preparing a 90-day export-ban plan, while Wright argued against a blanket ban. The Hill, Politico

What's likely next

  1. United States ban diesel exportsVery unlikely16%▼ from 40% a week ago

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