Trump’s proposed ban on diesel exports could have unintended consequences for Texas refineries
Experts warn that a proposed ban on diesel exports could negatively impact Texas refineries, potentially causing fuel shortages and harming the energy sector.
The Trump administration is pushing for a 90-day ban on diesel exports intended to rapidly lower climbing fuel prices for consumers, a proposal that, if enacted, will hurt the constellation of Texas refineries in the Gulf Coast and deal a blow to the state’s economy, industry leaders said. Politico first reported the news of the ban. Texas refineries turn millions of barrels of crude oil into diesel and jet fuel daily for several industries, such as agriculture and aviation. They also sell the…
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