Updated
Updated · The New York Times · Sep 23
Wright Rejects Diesel Export Ban Reports as Trump Reviews Steps to Cut Record Fuel Prices
Updated
Updated · The New York Times · Sep 23

Wright Rejects Diesel Export Ban Reports as Trump Reviews Steps to Cut Record Fuel Prices

3 articles · Updated · The New York Times · Sep 23

Summary

  • Chris Wright said a blanket U.S. diesel export ban is "not being discussed," pushing back on reports after Trump said Tuesday his administration was reviewing the idea.
  • Record diesel prices have fueled the debate, with the White House looking for ways to ease costs for farmers, truckers and businesses hit by shortages tied to the U.S.-Israeli war against Iran and the Russia-Ukraine conflict.
  • No final decision has been made on any moratorium, Wright said, while stressing Trump wants more diesel available in the United States without disrupting gasoline and jet-fuel flows.
  • At the same Manhattan event, Wright also attacked solar power and defended canceling more than $7.5 billion in clean-energy grants, despite court filings saying the rescissions were made solely on political considerations.

Insights

If refineries are nearly maxed out, how can the U.S. actually boost domestic diesel supply without triggering a gasoline shortage?
Could blocking fuel exports to Latin America accidentally trigger massive supply chain disruptions that hurt American consumers even more?
With battery storage costs plummeting, why is the massive growth of virtual power plants being overlooked in the national energy debate?