Trump Eyes Diesel Export Ban to Combat Price Surge

President Donald Trump stated on Wednesday, September 30, 2026, that he is having daily conversations about implementing a ban on diesel exports. This measure is being considered as part of the White House's strategy to address soaring energy prices. Trump acknowledged that such a ban could negatively affect gasoline prices but might lead to a decrease in diesel costs.

The primary driver for the current surge in diesel prices, which reached a record $6.53 a gallon a week prior to September 30, 2026, is attributed to Russia's war in Ukraine. Disruptions to energy production and exports, including Ukrainian attacks on Russian energy facilities, have significantly impacted supply.

In addition to the potential export ban, the Trump administration has explored other avenues, such as voluntary export limits by refiners and allowing wider sales of tax-exempt diesel. Energy Secretary Chris Wright noted that disruptions to diesel exports from the Middle East and China have contributed to the problem, though efforts are underway to restore those supplies.

The White House has also formally requested that the European Union release emergency diesel stocks to help stabilize prices. This situation arises as Republican candidates face pressure to lower fuel costs ahead of the November midterm elections, with Trump's economic approval ratings showing strain.