Trump Admin Prepping Diesel Export Ban, Despite Energy Secretary Warning It Could Make Things Worse

President Donald Trump’s administration is reportedly preparing to institute a 90-day ban on diesel exports amid soaring prices, despite Energy Secretary Chris Wright saying such a move would not bring down prices. Wright, in fact, warned a ban could actually make the situation worse in the long run. Politico reported on the upcoming ban on Wednesday, citing “five people familiar with the discussions” inside the administration. “The blunt tool ​of banning diesel exports definitely doesn’t work,” Reuters reported Wright saying on Wednesday while at an event hosted by the Economist in New York. “If you can’t ⁠export the diesel that...