President Donald Trump is pushing for a ban on diesel exports as prices reached record highs, but some observers worry that the move could cause prices to spike even more.
Trump and several U.S. candidates in competitive races have called for export bans as the national average price for diesel fuel rose to a record $6.52 per gallon on Wednesday, Sept. 23, according to AAA. That figure is up 21 cents from a national diesel average of $6.31 one week earlier. A year ago, the national average was $3.69 per gallon, an increase of about 77%.
Why Diesel Costs More Than Regular Gas
Diesel fuel was historically cheaper than regular gasoline, except…
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