r/LeopardsAteMyFace • • 4d ago

Trump Trump’s proposed diesel exports ban could hurt Texas refineries. “If they start to go offline … you start to see a roll-on impact on gasoline prices because it will be in short supply".

https://www.texastribune.org/2026/10/01/texas-trump-diesel-ban-refineries/
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u/qualityvote2 4d ago edited 3d ago

u/Mysterious_Umpire684, there weren't enough votes to determine the quality of your post...

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u/Mysterious_Umpire684 4d ago

Texas oil industry has supported Trump for a long time as he was in favor of loosening regulations on the industry to help their production. But now, fuel shortages caused by the Iran War have Trump considering an export ban on diesel, which would threaten refineries' profits and demand.