Senate Majority Leader John Thune says he is open to considering a ban on U.S. diesel exports as prices reach high levels, a proposal that could draw attention from farmers facing higher fuel costs. Thune told reporters that restricting exports could be one way to ease pressure on diesel prices if supply is available. The average reached $6.27 a gallon Tuesday, according to AAA, up about 80 cents from a month earlier. Diesel prices have been pushed higher by tight global supplies tied to conflicts in the Middle East and Ukraine, along with refinery disruptions. Interior Secretary Doug Burgum said Monday that an oil or fuel export ban would be unlikely to lower energy prices. Thune says he is willing to explore the idea as officials look for ways to address high fuel costs. Forbes said Thune noted that if the U.S. is exporting domestic supply, it’s worth considering a halt to those shipments to help lower domestic prices.
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