US Senator Ted Cruz told refining industry leaders on Friday evening that the White House has promised that the Trump administration will not ban US diesel exports. They revealed that when Cruz conveyed this news, the government was weighing various plans to reduce oil prices against the backdrop of record high diesel prices. Currently, diesel prices have reached a record high. The government is evaluating various plans to reduce diesel prices. Trump hopes to see retail prices at gas stations fall. Plans under discussion include liberalizing sales restrictions on red-dyed diesel and exempting it from the federal biofuel blending program. This move is expected to reduce diesel procurement costs.

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