U.S. Energy Secretary Warns Diesel Export Ban Would Backfire, Raising Fuel Costs
U.S. Energy Secretary Chris Wright said a ban on diesel exports would be counterproductive, warning it would create storage bottlenecks, force reductions in U.S. refining and put upward pressure on gasoline and jet fuel prices. His comments contrast with President Donald Trump’s recent backing of an export ban as diesel prices have climbed to recor…