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BUSINESSThe Hill·1d ago

A diesel export ban would guarantee higher prices

Photo · The Hill
AI TLDR · GEMINI

Critics warn that a proposed diesel export ban, suggested by some Republicans to lower fuel prices, would likely backfire by reducing domestic supply and increasing costs.

While some Republican lawmakers have considered a diesel export ban to combat high fuel prices, critics argue such a move would ultimately decrease domestic supply and raise costs by disincentivizing refining capacity.

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