×
In

President Donald Trump is pushing for a ban on diesel exports as prices reached record highs, but some observers worry that that could actually cause prices to spike even more.

\n\n

Trump and several U.S. candidates who are in competitive races have called for export bans as the national average price for diesel fuel rose to a record $6.52 per gallon on Wednesday, Sept. 23, according to AAA. That figure is up 21 cents from a national diesel average of $6.31 per gallon one week ago on Sept. 16. A year ago, on Sept. 23, 2025, the national average price of a gallon of diesel was $3.69, according to AAA.

\n\n

"Well, I've called for that, too," Trump said while attending the United Nations General Assembly meetings in New York. "I've said, 'Let's not send out the diesel.' We make a lot of diesel." The president, however, cautioned that a ban could have "a little bit of effect" on the price of regular gasoline.

\n\n

Senate Majority Leader John Thune, a South Dakota Republican, also said recently he is "open to exploring" a diesel export ban "if that would take pressure off of prices," according to a report from Bloomberg News.

\n\n

"I think…

Original source: https://www.usatoday.com/money/

Leave a Reply

Your email address will not be published. Required fields are marked *

Author

seoexperts1994@gmail.com

Related Posts

In

How to get the Nike x One Piece collection in the US

Collabs and merchandise inspired by "One Piece," the Japanese manga later adapted into an anime, seem to be everywhere. Next up is...

Read out all
In

How a culture of care makes Fairway Home Mortgage a top workplace

Julie Fry is often asked why she works at Fairway Home Mortgage. After all, the mortgage industry isn't known for glitz, glamour...

Read out all
In

New bill would lower Social Security retirement age for some workers

Updated on: September 24, 2026 / 5:17 PM EDT / CBS News Among the various proposals for bolstering Security is raising the...

Read out all
In

California sheriff unlawfully seized over 650,000 ballots and must return them, state Supreme Court rules

Updated on: September 24, 2026 / 12:48 PM PDT / CBS LA The California Supreme Court ruled Thursday that Riverside County Sheriff...

Read out all
In

Are gold bars or gold coins a better investment for you?

Gold coins and gold bars are the two most common ways to invest in physical gold. Both can store value and act...

Read out all
In

Netanyahu says “shame on you” to Mamdani, claims “Jews no longer feel safe in New York”

September 24, 2026 / 3:52 PM EDT / CBS News Washington — Israeli Prime Minister Benjamin Netanyahu berated New York City Mayor...

Read out all