Oil industry warns a diesel export ban will raise fuel prices as Trump weighs restrictions

A diesel export ban would provide only brief relief before prices start to rise again as refiners cut production, experts say.

Oil industry warns a diesel export ban will raise fuel prices as Trump weighs restrictions

TL;DR

  • A diesel export ban would provide only brief relief.
  • Prices are expected to rise again after the initial relief period.
  • Experts attribute the future price increase to refiners cutting production.