Posted on 09/23/2026 3:02:46 PM PDT by sopo
HOUSTON, Sept 23 (Reuters) - US ultra-low-sulfur diesel futures fell 4% on Wednesday after Politico reported that the White House is preparing a plan to ban diesel exports for 90 days, which the Trump Administration denied. Average US diesel prices are sitting near record highs at $6.52 a gallon, according to AAA, straining the farming, transportation and other industrial sectors that rely on the fuel. Wars in Iran and Ukraine have sharply cut exports from some of the biggest producers such as Russia, Saudi Arabia and the United Arab Emirates. The Reuters Power Up newsletter by columnist Ron Bousso provides everything you need to know about the global energy industry. Sign up here. Advertisement · Scroll to continue A White House official said a report the US is considering a flat, temporary export ban was not correct. The October futures contract was last trading at $4.7437 a gallon, down 4%, after earlier declining more than 6%.
(Excerpt) Read more at reuters.com ...
If you refine a bbl of oil that sells for 4.30 a gal for gas or 6.50 for diesel, which are you going to make?
How many other countries mandate low sulfur diesel. Can we produce more diesel if it’s not low sulfur?
A ban would likely push refineries to cut the amount of crude they process. If US refineries cut runs, that would reduce the supply of gasoline and other products, potentially pushing up prices for those fuels, analysts and traders said. I think they’re just fractions of the didtillate. A lot of people on here know more than I do, maybe they’ll be along to correct me, which I always welcome.
A ban would likely push refineries to cut the amount of crude they process. If US refineries cut runs, that would reduce the supply of gasoline and other products, potentially pushing up prices for those fuels, analysts and traders said. I think they’re just fractions of the didtillate. A lot of people on here know more than I do, maybe they’ll be along to correct me, which I always welcome.
Diesel is tough. I used to pay $3.50/gal last year. I got angry when I had to pay $4.00.
Last week I filled up at $6.00. Then it went up to $6.50. Today we’re down to $6.10.
West Coast is way over $7/gal.
All of this will have a trickle down effect for at least six months after price drops.
ALL transportation, trucking, agriculture runs on Diesel. So do airplanes since they run on basically kerosene which is really close to Diesel, in refining terms.
Everything we purchase comes from railroads or trucks. Everything we eat needs Diesel to grow, harvest and deliver.
We’re screwed for the next 8 months at least. Farmers and ranchers are really suffering. We all will pay more for groceries.
Too bad dems have shut down refineries. We really can make this stuff ourselves.
And it’s too bad f’n media will not report that he rats shut the refineries and blocked any new ones.
Not how it works though. You can’t just only make diesel or only gas. A barrel of crude is being refined into everything. The process creates different hydrocarbons. While you can tweak the process to change yields you can never just produce one thing.
Anotnher bad idea.
We never heard this when Biden or Barak were President.
“If you refine a bbl of oil that sells for 4.30 a gal for gas or 6.50 for diesel, which are you going to make?”
You evidently don’t have any idea how refining works!
You may want to to enlighten yourself, since you don’t just pick the percentage of each byproduct you want...
And you liked the other plan, allow the Irananian Repubublic to continue ballistic missile and nuclar weapon development for several more years, all the while lying that they weren’t?
make that the Republican Guard
“ How many other countries mandate low sulfur diesel. Can we produce more diesel if it’s not low sulfur?”
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The US already produces MORE diesel fuel than we consume.
That’s true. Obviously that’s why the export ban was tossed out there to panic the traders.
The feds need to back a new refinery.maybe in the Midwest that uses Canadian tar sands crude.
We’re already awash with oil. Might as well finish the Keystone Pipeline extension and bring more in to drop diesel pricing.
That will help home heating oil prices too.
Another possibility is remove ethanol from gasoline. Process corn into oil and then into a diesel substitute.
The long term solution is to take the ethanol out of gasoline. Plant soybeans instead and process that crop into biodiesel.
Cars would get better mileage and the diesel supply would go up about 15%.
This is Trump reversing 40 years of the Dems war on oil and the consequences.
Is the price of diesel high because of supply?
That is what this helps.
People are saying it wont help, then they are also saying it isn’t supply.
What is it?
Never should have had ethonal in it in the first place. Another fake solution to help Iowa farmers.
I don’t know. sometimes hoarding in anticipation of shortage is a factor in driving up price. That’s what happened in the original oil shock in 1973, pople would want to have a full tank. I dan see these middleman manipulators filling up tankers and keeeping them onthe high seas.
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