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Proposed diesel export ban pits GOP senators against each other
Senate Republicans are clashing over a proposal endorsed by Sen. Chuck Grassley (Iowa) and other farm-state Republicans to embargo the export of diesel to increase supply and lower prices at home, something U.S. leaders last implemented during the 1970s energy crisis. Senate Majority Leader John Thune (R-S.D.) is open to the idea, but oil-state…
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Source context: Senate Republicans are clashing over a proposal endorsed by Sen. Chuck Grassley (Iowa) and other farm-state Republicans to embargo the export of diesel to increase supply and lower prices at home, something U.S. leaders last implemented during the 1970s energy crisis. Senate Majo…
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Center Right · Reason Magazine
2 publishers
But industry trade group says plan would backfire and lead to even higher prices for gasolineUS politics live – latest updatesDonald Trump on Tuesday said he backed the idea of a ban on diesel exports, which some US politicians are calling for as a way to curb the soaring cost of energy.Diesel prices have rallied in Europe and the US to record highs…
President Trump said during a Tuesday press interview alongside Ukrainian President Volodymyr Zelensky that he has also called for a ban on U.S. diesel exports, joining other conservative voices who back the policy. Why it matters: Trump's endorsement marks a shift for an administration that has resisted calls to restrict fuel exports, as record diesel…
2 publishers
Senate Republicans are clashing over a proposal endorsed by Sen. Chuck Grassley (Iowa) and other farm-state Republicans to embargo the export of diesel to increase supply and lower prices at home, something U.S. leaders last implemented during the 1970s energy crisis. Senate Majority Leader John Thune (R-S.D.) is open to the idea, but oil-state…
President Donald Trump said he’s encouraged his advisers to approve a ban on diesel exports, as the price of the fuel skyrockets amid pressure from the wars in Iran and Ukraine.
2 publishers
President Donald Trump said he has called for a ban on diesel exports as his administration weighs options for curbing all-time high fuel prices driven by the conflicts in the Middle East and Europe. “I’ve called for that too. I’ve said, let’s not send out the diesel,” Trump told reporters on the sidelines of the…
It would actually make a bad situation worse in the long run.
