The Trump administration has backed away from a potential diesel export ban that was floated as a way to lower prices at the pump, a proposal economists warned could have ultimately driven up costs for American consumers and businesses.
The administration’s latest position marked something of an about-face after President Donald Trump told reporters Tuesday at the United Nations General Assembly in New York that he had urged aides to consider keeping more diesel at home.
“I’ve said let’s not send out the diesel. We make a lot of diesel,” Trump said. “I’ve called for it within my people. I’ve been talking about it.” Alongside Trump, Treasury…
Read the full article at FOXNEWS.COM
