H.R. 10423: To provide for a temporary prohibition on the export of diesel fuel.

This bill would temporarily ban the export of diesel fuel from the United States.

What it would do

• For the period starting on the date the bill becomes law and ending on December 31, 2026, diesel fuel could not be exported.
• The prohibition would apply regardless of any other law, meaning this rule would override conflicting federal provisions during that time.

Practical effect

In plain terms, companies and traders would not be allowed to ship diesel fuel out of the country during the temporary ban. Diesel produced in the U.S. would have to be sold domestically or otherwise remain in the United States during the covered period.

Relevant Companies

• XOM — Exxon Mobil could be affected because it produces and markets refined petroleum products, including diesel, and may face limits on exporting diesel fuel.
• CVX — Chevron could be affected because it is involved in refining and fuel marketing, which may include diesel exports.
• MPC — Marathon Petroleum operates large U.S. refining assets and could be impacted if its diesel export sales are restricted.
• VLO — Valero Energy is a major refiner and could be affected by limits on exporting diesel fuel.
• PBF — PBF Energy could be affected because it operates refineries that produce diesel and other fuels for domestic and export markets.
• DINO — HF Sinclair could be affected through any diesel production and export activity at its refining operations.
• COP — ConocoPhillips may be indirectly affected to the extent it participates in fuel production, trading, or export activities involving diesel.