1 hr ago
Trump Weighs Diesel Export Ban Amid Republican and Oil Pushback
Donald Trump is deciding whether the United States should stop exporting some diesel fuel.
Fuel prices are close to $6.50 per gallon.
Some Republicans think an export ban could help lower political anger before the midterm elections.
They worry Republicans will be blamed because they control the government.
Oil companies and several administration officials oppose the idea.
They say a ban could cause fuel shortages or higher prices in parts of the country.
Other countries have been warned that their fuel supplies could be disrupted.
Trump is still considering the options, and no final decision has been announced.
Donald Trump held an emergency meeting on whether to restrict or suspend diesel exports.
Fuel prices are nearing $6.50 per gallon, raising concerns about backlash in November’s midterm elections.
Republicans including Chuck Grassley and Tim Burchett support a ban lasting up to 90 days.
Administration officials and oil executives warn an export ban could create unintended supply problems and raise prices in some US regions.
The White House has briefed foreign allies about possible supply disruptions, but no decision has been made.
- Who
- US President Donald Trump, Republican lawmakers, administration officials, and oil industry representatives.
- What
- The administration is considering a domestic diesel export ban or other measures to contain rising fuel prices.
- Where
- The debate is taking place in the White House and could affect fuel supplies in the United States and abroad.
- When
- The emergency meeting was reported on Wednesday; Trump said last weekend that he was seriously considering a ban.
- Why
- Rising fuel prices and possible backlash in the November midterm elections are driving the debate.
Export Ban Supporters
Export Ban Opponents
Political consequences
Export Ban Supporters
Republicans from agricultural states, including Chuck Grassley and Tim Burchett, argue that restricting exports could address fuel-price anger and reduce the risk of midterm losses.
Export Ban Opponents
Administration officials and other opponents argue that a ban could create unintended downstream crises and worsen prices in some areas.
Market impact
Export Ban Supporters
Supporters favor a temporary ban of up to 90 days to preserve more diesel for domestic use.
Export Ban Opponents
Oil industry representatives, including Exxon Mobil Corporation CEO Darren Woods, argue that limiting exports could backfire by raising prices in US regions that rely on internationally sourced fuel.
Key facts
- Fuel price
- About $6.50 per gallon, near historic records
- Proposed restriction
- A diesel export ban lasting up to 90 days
- Decision status
- No decision has been made
- Political concern
- Possible Republican losses in the November midterm elections
- Foreign notification
- Allies in Europe and other countries were briefed about possible disruptions
- Key opposition
- Administration officials and oil executives warn of unintended downstream crises
- Related regional issue
- Oil shipments from the Gulf remain below prewar levels after Trump rejected an Iranian proposal concerning the Strait of Hormuz
Quotes
Tim Burchett
Tennessee member of Congress advocating a temporary diesel export ban
“We’re going to own it, whether we deserve to or not. We’re the ones in power — it’s hard to escape that”
wionews.com
“The political effects are that the Republicans could lose the majority”
wionews.com
A person familiar with arguments within the administration
Unnamed source familiar with the internal administration debate
“White House staff are thoroughly opposed to it. But this is all about Trump, and does Trump want to do something big ... So [a ban is] still in play”
wionews.com
Sources
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