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Economy Tuesday, September 22, 2026
Trump backs ban on diesel exports
President Trump said Tuesday that he has called for a ban on U.S. diesel exports, while Treasury Secretary Scott Bessent confirmed the administration is examining whether a full or partial ban is feasible. Why it matters: Trump's endorsement marks a shift for an administration that has resisted…
Banning US diesel exports will likely backfire on Americans
With diesel prices hitting all-time highs above $6.50 a gallon, there is a growing demand from farm states that the White House ban diesel exports from the United States.Treasury Secretary Scott Bessent said today that the administration is considering whether such a step would be feasible. Sen…
Exclusive: Trump adviser ties high gas prices to refining
The affordability of gasoline remains "the top issue that the president looks at," Trump energy adviser Jarrod Agen said at an Axios House event Tuesday. Why it matters: The Trump administration is championing energy savings from its deregulatory push as overseas conflicts, including the Iran war…
Public companies produce most U.S. crude oil and natural gas
Publicly traded companies represent a tiny share of the total number of companies producing crude oil and natural gas in the United States, but they make up a large share of U.S. production. In 2025, publicly traded companies accounted for just 2% of about 12,000 oil and natural gas producers but…