Why Trump banning diesel exports would upset the U.S. oil sector and upend global fuel markets—'cure would be far worse than the disease'

(Credit: (Photo by Frederic J. BROWN / AFP via Getty Images))

With U.S. diesel prices rising to an all-time high this week, President Donald Trump added support to the calls from farm-state Republicans to implement a temporary ban on diesel exports.

“I’ve said let’s not send out the diesel. We make a lot of diesel. I’ve called for it,” Trump said late Tuesday at the U.N. General Assembly in New York.