All posts tagged "Fuel Prices"

President Donald Trump's newest fix for soaring fuel prices carries a hidden cost for some of the people applauding it, an economist warned.

Justin Wolfers, an economics professor, took apart the executive order Thursday in an article for his "Platypus Economics" newsletter and on the accompanying episode of his YouTube show of the same name. Trump signed the order Monday night at a campaign rally in Nebraska, opening red-dyed diesel, a fuel normally reserved for farmers, miners and construction crews, to truckers.

Trump didn't appear to have a firm grasp on the fuel before signing....

President Donald Trump on Friday abruptly backed away from a controversial plan to ban U.S. diesel exports that had been floated as a way to drive down fuel prices ahead of the midterm elections.

“We’re not going to be doing the export ban,” Trump told reporters outside the White House before departing for a campaign stop in Oklahoma.

Trump had publicly backed banning U.S. diesel exports just last week as his administration weighed the move amid high fuel prices ahead of the midterm elections....

Georgia Republican Senate candidate Mike Collins is asking supporters to help fund his campaign's fuel costs, even as he's repeatedly voted to keep the very war driving diesel prices to record highs going.

Collins, a Georgia congressman and former trucker running to unseat Democratic Sen. Jon Ossoff, features a fundraising pitch on his website leaning heavily on trucking imagery, The Daily Beast reported on Friday.

"PUT SOME DIESEL IN THE TANK!" the page reads....