White House reportedly rules out US diesel export ban; Louisiana declares emergency
FirstSquawk reports that officials are weighing wider use of tax-exempt red diesel and changes to biofuel-blending requirements. Kalshi says Louisiana’s governor declared an emergency over record-high diesel prices.
TLDR
FirstSquawk reported on September 26, 2026, citing people familiar with the matter, that the White House had assured Sen. Ted Cruz the Trump administration would not ban US diesel exports. It said officials were considering wider use of tax-exempt red diesel and changes to biofuel-blending requirements to lower diesel prices. FirstSquawk also reported that Energy Secretary Chris Wright had said the US would not impose a blanket diesel export ban. Separately, Kalshi said that day that Louisiana’s governor had declared a state of emergency over record-high diesel prices.
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White House reportedly rules out US diesel export ban; Louisiana declares emergency
FirstSquawk reports that officials are weighing wider use of tax-exempt red diesel and changes to biofuel-blending requirements. Kalshi says Louisiana’s governor declared an emergency over record-high diesel prices.