Analysts Say U.S. Diesel Export Ban Would Aggravate, Not Alleviate, Fuel Strains
President Trump signaled support for a temporary ban on U.S. diesel exports to lower domestic pump prices. Market analysts and industry groups say such a move would likely worsen global shortages, push world diesel prices higher, destabilize refinery operations and carry geopolitical costs, while any short-lived U.S. price relief would erode refini…