We have received text from H.R. 10422: Diesel Price Reduction Act of 2026. This bill was received on 2026-09-16, and currently has 1 cosponsor.
Here is a short summary of the bill:
This bill would direct the Secretary of Commerce to temporarily ban exports of diesel fuel from the United States when domestic diesel prices are very high.
What triggers the export ban
The ban would begin only after the average retail price of diesel in the United States has stayed above $5 per gallon for 14 straight days .
How long the ban would last
Once triggered, the export ban would remain in place until diesel prices have been below $4.50 per gallon for 30 straight days . The ban would end the first day after that 30-day period is completed.
What “export ban” means
During the covered period, diesel fuel could not be exported from the United States to other countries. In practical terms, this would restrict domestic diesel shipments abroad in an effort to keep more diesel available inside the U.S. market.
Purpose of the bill
The bill is titled the Diesel Price Reduction Act of 2026 , and its stated approach is to try to reduce domestic diesel prices by limiting exports when prices rise above a set threshold.
Relevant Companies
- XOM — Exxon Mobil could be affected because changes in U.S. fuel export policy can influence refining margins and diesel trade flows.
- CVX — Chevron could be affected for similar reasons, since it is involved in fuel refining and distribution.
- MPLX — MPLX operates energy logistics and terminal assets that may be affected by changes in diesel export volumes.
- KMI — Kinder Morgan could be affected through fuel transportation and storage operations tied to refined products.
- OXY — Occidental may be indirectly affected through broader changes in the energy market and fuel pricing.
Representative Tim Burchett Bill Proposals
Here are some bills which have recently been proposed by Representative Tim Burchett:
- H.R.10487: To amend title IV of the McKinney-Vento Homeless Assistance Act to require project sponsors to offer substance use disorder treatment to persons admitted to emergency shelter, transitional housing, or permanent housing, and for other purposes.
- H.R.10423: To provide for a temporary prohibition on the export of diesel fuel.
- H.R.10422: Diesel Price Reduction Act of 2026
- H.R.10225: No Federal Taxpayer-Funded Housing for Illegal Aliens Act of 2026
- H.R.9800: Protection Against Mass Surveillance Act
- H.R.9775: Concealed Crime Prevention Act
You can track bills proposed by Representative Tim Burchett on Quiver Quantitative's politician page for Burchett.
Representative Tim Burchett Net Worth
Quiver Quantitative estimates that Representative Tim Burchett is worth $8.0K, as of September 23rd, 2026. This is the 492nd highest net worth in Congress, per our live estimates.
Burchett has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Representative Tim Burchett's net worth on Quiver Quantitative's politician page for Burchett.
Representative Tim Burchett Stock Trading
We have data on up to $15.0K of trades from Representative Tim Burchett, which we parsed from STOCK Act filings. Some of the largest trades include:
- A February 12th, 2020 sale of up to $15K of $DENN. The stock has fallen 69.23% since then.
You can track Representative Tim Burchett's stock trading on Quiver Quantitative's politician page for Burchett.
2026 Tennessee's 2nd Congressional District Election
There has been approximately $3,269,153 of spending in Tennessee's 2nd congressional district elections over the last two years, per our estimates.
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Tennessee's 2nd congressional district election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
