Politico: White House considers alternatives to diesel export ban

The administration of US President Donald Trump has not yet decided on measures to curb rising prices for diesel fuel. Earlier this week, the White House discussed a ban on diesel exports, but is now considering softer measures.

The interlocutors of the publication say that Donald trump intends to announce the introduction of any measures by early next week. A final decision on this issue, according to them, is still not. “The president wants to see diesel prices drop at gas stations and is considering all options available,” a White House official said.

One of the first options the administration of Donald trump considered a ban on the export of diesel fuel for a period of 90 days. Economists and analysts warn that such a measure, on the contrary, will raise prices and complicate fuel production. Among the alternatives currently being discussed in the White House is the increase in the turnover of “dyed diesel” (used in agriculture, construction and is not taxed), as well as the abolition of excise taxes on diesel in some states.

The U.S.-Israeli operation in Iran has led to the blocking of shipping in the Strait of Hormuz, through which about 20% of the world’s oil supplies passed before the outbreak of hostilities. By September, diesel fuel in the US market for the first time rose to $ 6.5 per gallon (about 3.8 liters).