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With U.S. diesel prices rising to an all-time high this week, President Donald Trump added support to the calls from farm-state Republicans to implement a temporary ban on diesel e
Floor Walk · Sep 23, 11:11 PM
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What the article says. Fortune published “Why Trump banning diesel exports would upset the U.S. oil sector and upend global fuel markets — ‘the cure would be far worse than the disease’.” In the piece, they put it this way: With U.S. diesel prices rising to an all-time high this week, President Donald Trump added support to the calls from farm-state Republicans to implement a temporary ban on diesel exports. “I’ve said let’s not send out the diesel. We make a lot of diesel. I’ve called for it,” Trump said late Tuesday at the U.N. General Assembly in New York. On the surface, it makes sense. Keep the diesel at home and prices will fall, sparing farmers, truckers, and inflationary pressures on all Americans. But that’s not quite…
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