US Energy Secretary Chris Wright blamed Ukrainian strikes on Russian refineries as the "single biggest" factor behind record US diesel prices of $5.85 per gallon. He said Russia, once a major diesel exporter, has banned diesel exports and is now importing gasoline. Wright also blamed lower Chinese diesel exports, refinery closures and Democratic policies, while saying the Trump administration is working to expand US refining capacity and expects Venezuela to add supply.
US Energy Secretary Chris Wright blamed Ukrainian strikes on Russian refineries as the "single biggest" factor behind record US diesel prices of $5.85 per gallon. He said Russia, once a major diesel exporter, has banned diesel exports and is now importing gasoline. Wright also blamed lower Chinese diesel exports, refinery closures and Democratic policies, while saying the Trump administration is working to expand US refining capacity and expects Venezuela to add supply.
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