US Announces Diesel Export banOctober 31
ResolvedOutcome: No$290Kas of
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TRUMP PLANS EXECUTIVE ACTION TO LOWER DIESEL COSTS • • President Trump plans executive actions Monday aimed at reducing diesel prices, including a Treasury review of certain diesel taxes and measures to expand access to tax-exempt dyed diesel, according to Politico. • • U.S. diesel averaged $6.32 a gallon Monday, down 13 cents from last week but still $2.63 higher than a year ago. • • Trump has ruled out a diesel export ban.
After threatening to ban U.S. exports of diesel fuel, Trump admits ‘we were never going to do it’
Trump said that Washington will not impose a ban on diesel exports, because Europe, like the United States, will make a "big contribution" to global fuel supplies. "Europe has a lot of diesel fuel, and it will make a significant contribution to global supplies, just like we do. We will have a lot of oil," the American president emphasized subscribe
US President Trump said Washington would not impose a ban on diesel exports because Europe, like the US, makes a "major contribution" to global fuel supplies. Earlier, the G7 countries and their partners agreed to release up to 100 million barrels of oil and diesel from emergency stocks to lower prices.
Trump has abandoned his plan to ban diesel fuel exports.
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Trump claims diesel export ban ‘never on table’ as G7 agrees reserve release
The United States will not impose a ban on diesel fuel exports, Donald Trump told reporters on the White House lawn. "We never intended to do that... In fact, Europe did a great job because they have a lot of diesel fuel in circulation. They have diesel. They use diesel many times more than most other countries, and they did a fantastic job," Mr. Trump said. The president added that the US government "never considered" imposing a ban on diesel exports. Previously, US Treasury Secretary Scott Bessent and Donald Trump himself had discussed possible restrictions. Politico reported that the White House was considering a 90-day ban on diesel exports to curb rising prices. In recent weeks, diesel prices in the US and Europe have risen sharply due to damage to refineries in the Middle East and Russia. On October 2, the G7 countries agreed to release 100 million barrels of petroleum products, including diesel fuel, from their reserves. Subscribe to Kommersant on MAX | on Telegram
The United States will not impose a ban on diesel fuel exports, Donald Trump told reporters on the White House lawn. "We never intended to do that... In fact, Europe did a great job because they have a lot of diesel fuel in circulation. They have diesel. They use diesel many times more than most other countries, and they did a fantastic job," Mr. Trump said. The president added that the US government "never considered" imposing a ban on diesel exports. Previously, US Treasury Secretary Scott Bessent and Donald Trump himself had discussed possible restrictions. Politico reported that the White House was considering a 90-day ban on diesel exports to curb rising prices. In recent weeks, diesel prices in the US and Europe have risen sharply due to damage to refineries in the Middle East and Russia. On October 2, the G7 countries agreed to release 100 million barrels of petroleum products, including diesel fuel, from their reserves. Subscribe to Kommersant on MAX | on Telegram
Trump: We will not impose a ban on diesel exports.
And just like that, the roller coaster is over... • • @POLITICO: Trump rules out diesel export ban after Europe agrees to tap stockpiles • • (though, as we report, some smaller domestic-focused measures on diesel could still come next week) • •
Trump rules out diesel export ban after Europe agrees to tap stockpiles
Trump: We will not impose a ban on diesel exports.
US President Trump answered reporters' questions as he left the White House: Diesel export ban — We were never going to do that. I don't think we will. — Europe was great because they're flooding the market with diesel fuel. They have diesel. They're using disproportionately large amounts of diesel. Oil prices — As soon as the Iran issue is resolved, which won't take long, not long at all, oil prices will fall back to their previous levels, or perhaps even lower. Relations with Turkey — I love Türkiye. I always meet with President Erdoğan. He is my friend and I always make him happy.
Live: Trump takes credit for diesel release - and says he never planned an export ban
Trump says rules out diesel export ban after European release
The US has no plans to ban diesel fuel exports.
Trump says the U.S. won’t ban diesel exports President Trump said Friday that he will not ban exports of diesel after the Group of 7 (G7) major economies announced that they would release fuel from their stocks. “Europe has a lot of diesel, and they’re going to be making a major world contribution and so are we and we’re not going to be…
Trump: We will not impose a ban on diesel exports... and Europe's release of stockpiles is a positive step
===== US President Donald Trump confirmed that he will not impose a ban on diesel exports Trump said that Europe took a positive step regarding the release of diesel stockpiles Europe had rejected a request from Trump to release diesel stockpiles to lower prices before agreeing The G7 had agreed to release 100 million barrels of diesel over the next 4 months #From_the_Event
Live: Trump takes credit for release of European diesel, says export ban won’t happen
Live: Trump says he won't impose an export ban on diesel after Europe agrees to contribute millions of barrels
The United States will not ban diesel fuel exports, Trump said. "We never intended to do that. In fact, Europe did a great job because they have a lot of diesel fuel in circulation. They have diesel. They use it many times more than most other countries, and they did a fantastic job." At the same time, he assured that the issue of banning diesel exports had never been raised, although he had previously spoken repeatedly about his readiness to introduce this measure. On October 2, Trump announced that European countries had agreed to release significant volumes of diesel fuel from their reserves.
NEWS: Asked if a diesel export ban was officially off the table, Trump said: “We were never going to do it.” (Trump said several times in the past two weeks that it was under consideration and that he supported the idea) • • He praised Europe for releasing diesel from its reserves, saying: “They did a great job.”
Live: US will not impose export ban on diesel, says Trump
NEWS: Trump says the U.S. will not impose a diesel export ban after Europe agreed to release fuel from its emergency reserves: • • “We're not going to be doing the export ban. We're going to be doing what we're supposed to do.”
Trump: We were never going to do a diesel export ban
Trump: We will not impose a ban on diesel exports... and Europe's release of stockpiles is a positive step
===== US President Donald Trump confirmed that he will not impose a ban on diesel exports Trump said that Europe took a positive step regarding the release of diesel stockpiles Europe had rejected a request from Trump to release diesel stockpiles to lower prices before agreeing The G7 had agreed to release 100 million barrels of diesel over the next four months
US President: We will not impose a ban on diesel exports
Trump backs down on diesel export ban Donald Trump: "We're not going to impose a [diesel] export ban." mehrnews.com @Mehrnews
Trump: We will not impose a ban on diesel exports.
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The US President has announced that he is abandoning plans to ban diesel fuel exports.
The United States will not impose a ban on diesel fuel exports, Reuters reports, citing Donald Trump. "The question of an export ban was never really considered. We have a very good relationship with Europe," the US president said. Previously, Trump claimed that European countries had agreed to release some of their strategic diesel fuel reserves amid the crisis. Prior to this, it was reported that the EU "completely rejects" the US threat to ban diesel exports unless Europe releases fuel from its reserves. More IZ RU news in MAX
Trump: not going to be doing diesel export ban
TRUMP ON DIESEL: EXPORT BAN WAS NEVER REALLY ON THE TABLE
Trump: We will not impose a ban on diesel exports
Trump: Export ban on diesel was never on the table
US Pres. Trump: Won't Do Export Ban • - We Were Never Going To Do Diesel Export Ban • - Europe Making Major Contribution, So Are We
Trump: We will not impose a ban on diesel exports.
NEWS: Trump just told reporters US NOT doing a diesel export ban. Thats in line with G7 statement.
Trump: We will not impose a ban on diesel exports
TRUMP ON DIESEL: WE'RE NOT GOING TO BE DOING THE EXPORT BAN
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Trump on Diesel: We’re Not Going to Be Doing the Export Ban
NEWS: The U.S. diesel export ban threat appears to be off the table — at least for now. • • The G7 agreed to a coordinated stock release and explicitly reaffirmed a commitment to refrain from energy export restrictions among G7 countries. • • The language comes after the Trump administration pressed Europe to release diesel stocks or face a potential U.S. export ban.
BREAKING: The G-7 is agreeing to release 100 MILLION barrels of crude oil and fuel from emergency stockpiles as governments scramble to bring down soaring diesel prices. • • President Trump says European nations will begin releasing a "massive amount" of their diesel reserves immediately. • • The agreement also takes a U.S. diesel export ban off the table for now, with G-7 countries pledging not to restrict the flow of energy and petroleum products between partner nations. • • The move comes as wars in the Middle East and Ukraine have hammered global diesel supplies, sending prices to record highs in the U.S. and Europe.
BREAKING: The G-7 is agreeing to release 100 MILLION barrels of crude oil and fuel from emergency stockpiles as governments scramble to bring down soaring diesel prices. • • President Trump says European nations will begin releasing a "massive amount" of their diesel reserves immediately. • • The agreement also takes a U.S. diesel export ban off the table for now, with G-7 countries pledging not to restrict the flow of energy and petroleum products between partner nations. • • The move comes as wars in the Middle East and Ukraine have hammered global diesel supplies, sending prices to record highs in the U.S. and Europe.
Financial Times: Ahead of the midterm elections, the White House is holding crucial talks with its advisers about banning diesel exports The talks are aimed at containing the fuel crisis that has threatened to derail the Republican Party's election campaign. Trump's aides have presented him with options that include imposing restrictions on the sale of diesel on international markets. Trump administration officials have informed their foreign allies - including Britain - of the possibility of disruptions to their fuel supply. Mizan on social networks @mizanplus
*TRUMP: DIESEL EXPORT BAN MAY CAUSE A LITTLE CAR GASOLINE RISE
Semafor: • US energy secretary downplays diesel export ban idea as prices climb
Where does the news lean?
38YES90NO78neutraltrailing 24h
Average match confidence across the listed signals: 95%.
How did this market resolve?
This market will resolve to "Yes" if the President of the United States, the White House, a Cabinet member, an agency or department legally authorized to take such action, or an authorized representative thereof, publicly and officially announces a ban on the export of diesel from the United States between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".
For purposes of this market, a "ban on the export of diesel" means a prohibition on the exportation of diesel fuel (distillate fuel oil) from the United States, whether imposed on all exports or on substantially all exports. A restriction, quota, tariff, licensing requirement, destination-specific ban, or other limitation short of an export prohibition will not qualify unless it operates as a general prohibition on diesel exports. A prohibition may qualify whether it is temporary or permanent, provided the announcement clearly communicates a prohibition on diesel exports.
A qualifying announcement must be a declarative statement of the U.S. government's present implementation of, previously-unannounced prior implementation of, or definitive decision to implement a ban on the export of diesel.
A qualifying announcement must clearly and unambiguously identify a ban on the export of diesel. Statements that merely allude to, reference, or describe such a ban, without clearly communicating it, do not qualify. The announcement need not use specific terminology or reference the ban by name, provided the substance of a prohibition on diesel exports is clearly and unambiguously communicated.
A qualifying announcement must be made through official channels, by an individual acting in an official capacity. Statements made incidentally or informally in a context not intended for official communication do not qualify.
An announcement by the U.S. government that it accepts or agrees to an agreement, framework, or roadmap that includes a commitment to ban diesel exports qualifies only if (i) all parties whose acceptance is required for the agreement to take effect have accepted the agreement, or (ii) the announcement independently communicates the ban as a present and decided position of the United States, not contingent on acceptance by any other party.
The following do not qualify as official announcements:
Anonymous, unattributed, or leaked statements not confirmed as official;
Statements by persons not authorized to speak for the U.S. government;
Third-party speculation, analysis, or predictions that the United States will announce or implement such a ban;
Satirical, fabricated, hacked, or impersonated communications;
Statements that describe a prospective, contingent, probable, or conditional implementation of such a ban rather than announcing a present and decided position.
Once a qualifying announcement is made, this market will resolve to "Yes" regardless of whether it is later reversed, or whether a ban on diesel exports is ever actually implemented.
Resolution will be based on official information from the U.S. government or its authorized representatives; however, a consensus of credible reporting may also be used.
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