Posted on 09/23/2026 10:47:32 AM PDT by Miami Rebel
President Donald Trump’s administration is reportedly preparing to institute a 90-day ban on diesel exports amid soaring prices, despite Energy Secretary Chris Wright saying such a move would not bring down prices. Wright, in fact, warned a ban could actually make the situation worse in the long run.
Politico reported on the upcoming ban on Wednesday, citing “five people familiar with the discussions” inside the administration.
“The blunt tool of banning diesel exports definitely doesn’t work,” Reuters reported Wright saying on Wednesday while at an event hosted by the Economist in New York.
“If you can’t export the diesel that comes out of our refineries, you run out of places to store it, and you have to reduce US refining, which would put upward pressure on gasoline prices and jet fuel prices,” Wright added, explaining his thinking. Wright is the former CEO of Liberty Energy, an offshore oilservices company he founded.
Diesel prices have hit a record high in the United States as Trump’s war in Iran has dragged on and caused global energy shocks. The average diesel price per gallon in the U.S. was $6.52 on Wednesday, which is up a whopping 76% year over year, reports AAA.
Politico noted that the “legal process” on the export ban is still in the works, adding that the move “has created splits inside the administration and with the oil industry, which has warned that any short-term benefit would be outweighed by higher fuel prices in the future. Any halt to shipments would be the first restriction on U.S. energy exports since the Obama administration lifted a decades-old ban on oil exports in 2015.”
Here is what the Secretary of Energy said about it today.
“If you can’t export the diesel that comes out of our refineries, you run out of places to store it, and you have to reduce US refining, which would put upward pressure on gasoline prices and jet fuel prices,”
BREAKING: White House official calls reports of a U.S. diesel export ban “fake news.”
https://x.com/Polymarket/status/2102819594511528282
Ukraine had damaged so many Russian refineries that Russia switched from exporting to importing.
Where?
Chris Wright is an MIT engineering grad with 30+ years experience in the industry and was quietly one of his best Cabinet picks,
I dearly hope DJT listens to him and not the memeposting socialists who often give him the dumbest advice.
Refinery and Terminal Tanks: Large industrial tank farms at refineries (primarily clustered in states like Texas, Louisiana, and California) and regional distribution terminals store bulk supplies before distribution via pipeline, barge, or rail.
But I’m sure that’s short term.
You’re right. what does the *checks notes* Secretary of Energy know...
Not everything has to be a contradiction or challenge. He’s wrong here.
His background is in hydraulic fracking.
Proposing a bad idea. Realisizing it sucks. And calling it back. All before lunch.
“Trump administration is examining whether a diesel export ban is feasible, Treasury secretary says”
CNBC Tue, Sep 22 20262:16 PM EDT
Ever heard of tank cars? We can store excess in them.
A lie gets halfway around the world before the truth puts its sneakers on.
A lie gets halfway around the world before the truth puts its sneakers on.
Tell that to the farmers and truckers who need fuel for fall harvests. Why are we shipping to other countries what we need here?
Tacos for lunch.
We may have to revive the Bongino rule.
Because this isn’t just about the mullahs.
Series? Its much more fun to jump to conclusions than to wait around for facts!
Some food for thought...
https://www.eia.gov/energyexplained/diesel-fuel/where-our-diesel-comes-from.php
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