Business

Trump says he would back ban on diesel exports

BBC Business · 2026-09-22

AI SUMMARY

• What happened: President Trump expressed support for proposals to ban diesel exports from the U.S. to alleviate rising fuel prices for American drivers, amid pressure from Republican lawmakers ahead of the mid-term elections. • Why it matters: The national average price for diesel has exceeded $6.50 per gallon, prompting concerns about the financial burden on consumers, which could influence voter sentiment in the upcoming elections. • What to watch next: The U.S. Treasury is evaluating the feasibility of a diesel export ban, and the administration's decision could impact both domestic fuel prices and international energy markets, particularly for U.S. allies reliant on American diesel.

**Title: Trump Expresses Support for Diesel Export Ban Amid Rising Fuel Prices**

**By Francisco Velasquez, Business Reporter**

**Published: [Date]**

In a recent statement, President Donald Trump has indicated his support for proposals to halt diesel exports from the United States as a measure to alleviate soaring fuel prices for American drivers. This announcement comes in response to increasing pressure from Republican lawmakers ahead of the upcoming mid-term elections on November 3, 2023.

Trump made his remarks during the United Nations General Assembly, where he suggested that retaining domestic diesel supplies could also help lower prices for regular gasoline. "I've called for that too. I've said let's not send out the diesel. We make a lot of diesel. That could have a little bit of an effect on regular automobile gasoline," he stated.

The national average price for diesel has recently surpassed $6.50 per gallon, marking a record high according to data from the American Automobile Association (AAA). The spike in diesel prices has been attributed in part to the ongoing conflict in the Middle East, which has disrupted global oil supplies and contributed to rising pump prices.

As the mid-term elections approach, political urgency surrounding fuel prices has intensified. Several Republican representatives have been vocal in their calls for the administration to restrict diesel exports to ease the financial burden on voters. U.S. Representative Ashley Hinson, a Republican candidate for the Senate in Iowa, emphasized that consumers in her state are feeling the pinch and should not have to bear the high costs at the pump.

Similarly, Senator Dan Sullivan of Alaska has urged for a "temporary pause" on American diesel exports to help rebuild domestic reserves. The political landscape is shifting as candidates seek to address voter concerns related to rising fuel costs.

In addition to domestic pressures, the global energy market is facing volatility due to various geopolitical factors. The ongoing conflict in Ukraine, particularly the targeting of Russian energy facilities, has significantly impacted Russia's refining capacity, which is a critical component of the global diesel supply chain. Trump noted that these developments represent a "serious hit on the Russians" and have contributed to the rising prices of diesel in the U.S.

U.S. Treasury Secretary Scott Bessent confirmed that officials are currently evaluating the feasibility of implementing a full or partial ban on diesel exports, while also considering the potential impact on refinery operations. The U.S. currently exports approximately 1.3 million barrels of diesel per day, which accounts for nearly a quarter of its refining output. A ban on these exports could provide short-term relief for American drivers but may also lead to increased prices on the international market, affecting U.S. allies such as the UK and the Netherlands, who rely on American diesel to offset deficits caused by sanctions on Russian energy.

As discussions around the diesel export ban continue, the administration faces a delicate balancing act between addressing domestic fuel prices and maintaining international energy commitments. The outcome of these deliberations could have significant implications for both American consumers and the global energy market in the months to come.

As the situation develops, it remains to be seen how the administration will respond to the mounting pressure from lawmakers and the potential impact of any policy changes on the upcoming elections.

Source: BBC Business
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