Congress Eyes Diesel Fuel Export Ban Amid $6.53/gal Prices, Refinery, Transport Cascades Flagged

Two House bills (H.R. 10422 and H.R. 10423) would restrict or automatically trigger a ban on U.S. diesel fuel exports when prices exceed $5.00/gal, aiming to boost domestic supply and lower freight costs. A CRS analysis warns of refinery output cuts, downstream aviation-fuel shortages, Jones Act waiver pressure, and higher diesel costs for import-dependent countries-particularly Mexico, which sources ~60% of its...