Trump Admits Diesel U.S. Export Ban Could Raise Gasoline Prices

A potential ban on U. S. diesel exports could have “a negative impact on gasoline,” U. S. President Donald Trump said late on Wednesday, although he didn’t rule out such a move from the Administration.

The President told reporters in the Oval Office that he and the Administration continue to discuss the pros and cons of a diesel export ban every day, “but it just seems that it would have a negative impact on gasoline. ” Earlier this week, Goldman Sachs analysts also warned that a U. S.