Trump is eyeing an export ban on U.S. diesel. It could cause gas prices to soar, experts warn.
A move by the U.S. to temporarily halt diesel exports amid record-high prices would initially lower costs, but a prolonged ban could drive up domestic gasoline prices, according to Goldman Sachs. President Trump on Sunday told reporters his administration is “very seriously” considering a ban on diesel exports. Calls to restrict exports of U.S.-refined diesel have picked…