We’re completely f**ked either way.
The US is considering halting diesel exports.
The US is the world’s largest diesel exporter… Russia, the 2nd largest, has already halted exports.
A US export ban would send global diesel prices even higher and force countries like Japan to dump USTs to fund their domestic needs.
In other words, imposing an export ban on diesel would blow up the UST market.
There are no easy solutions anymore.
We don’t own enough hard assets for what’s coming.
The US is considering halting diesel exports.
The US is the world's largest diesel exporter… Russia, the 2nd largest, has already halted exports.
A US export ban would send global diesel prices even higher and force countries like Japan to dump USTs to fund their domestic… pic.twitter.com/0P4ZGWtGJM
— Lukas Ekwueme (@ekwufinance) September 15, 2026
speechless. at this point, we're talking $7/gal diesel becoming a possibility in the days ahead in more places, specifically Great Lakes- MI, IN, OH, IL (less so WI- lower taxes) pic.twitter.com/h8xRAckYvr
— Patrick De Haan (@GasBuddyGuy) September 15, 2026
U.S. diesel export ban enters the political debate
Thune said keeping exported diesel in the U.S. could be one way to put pressure on domestic prices.
Russian refinery attacks deepen the global diesel shortage
Six Russian refineries representing roughly half of Russia’s diesel production have cut output or stopped operating after drone attacks. Moscow has restricted fuel exports, removing another huge supplier from the international market.
Global diesel shortage may last well into 2027
Reuters reports roughly 1.6 million barrels per day of diesel supply has been knocked out since February by damage and disruptions involving Russian and Gulf refineries. Repairing damaged refineries could take much longer than the current energy truce.
AC
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
20 views