Senate leader John Thune open to diesel export ban to curb fuel prices
Senate Majority Leader John Thune said he would consider banning diesel exports to help lower U.S. fuel prices amid supply shortages linked to Middle East and Ukraine conflicts.
John Thune indicated he is willing to explore prohibiting diesel shipments abroad if it could ease the surge in domestic fuel costs. He tied the price pressure to limited supplies caused by the wars in the Middle East and Ukraine. Thune said any viable proposal would be examined, emphasizing that keeping diesel at home might be a solution. He made the remarks to reporters at the Capitol.
Why it matters
A diesel export ban could affect global fuel markets and domestic prices for American consumers.
In this story
diesel export banfuel pricessupply constraintsMiddle East conflictUkraine warJohn ThuneU.S. Senateenergy policy
