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Trump Administration Pushes Refiners to Boost Diesel Output as Prices Soar

OilPrice.comUnited States of America

The U.S. Department of Energy has called on refiners to ramp up their diesel fuel production further, Reuters has reported, citing two high-ranking officials from the department. There are talks ongoing with refiners both in the United States and abroad, the report said. This is the latest move on the part of the federal government to push diesel prices down from all-time highs, with the national average stuck above $6 per gallon. The report follows a decision by President Trump to waive sanctions on Russian exports in a bid to secure additional…

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