President Donald Trump has floated keeping U.S. diesel at home as prices climb. AAA said it hit a record $6.53 per gallon on Sept. 22; the analysis says export curbs could briefly lower U.S. prices but risk higher global energy costs.
The Energy Information Administration figures cited in the article put U.S. distillate production—diesel and heating oil—at about 5.3 million barrels a day, versus consumption of roughly 3.6 million. The article says a partial or full ban could remove up to 1.5 million barrels a day of U.S. diesel exports; it argues refiners would cut output rather than sustain a domestic surplus, while rerouted shipments could add costs abroad.
The article says Iran’s closure of the Strait of Hormuz disrupted a fifth of the world’s crude supply. It adds that restoring regional energy infrastructure to pre-war capacity would take months even if the U.S. and Iran reached a peace deal.
