Trump Considers Diesel Export Ban Amid Record Prices

Donald Trump's administration is considering limiting diesel exports as fuel prices surge. This move has been met with criticism, especially given Trump's past attacks on Biden's energy policy.

In January 2024, then-presidential candidate Donald Trump blasted the Biden administration for freezing approvals for new plants to export US liquefied natural gas.

After winning the election, Trump promised to 'export American energy all over the world' in his second inaugural address. He kept that promise by undoing the LNG export permitting pause through an executive order just hours into his first day on the job.

However, with diesel prices at a record $6.51, Trump is now considering taking a page out of the Biden playbook: limiting US energy exports. Industry experts warn that this move would have unintended consequences and could even erode the strategic advantage the United States has in the global market.