Time for a diesel export ban?

Diesel costs have nearly doubled over the last year, breaking record highs. In fact, some lawmakers are calling on the Trump administration to halt all diesel exports until they cool off. But experts say it's a recipe for price chaos that will leave us right back where we started. Also in this episode: A wide crude oil spread persists, butter and cheese become a bright spot on grocery receipts, and local bank consolidations leave customers frustrated. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future. Read the stories in today’s episode: The difference between the "paper" price of Brent crude and what refiners pay for it Trump and Xi meet this week. What can we expect? As grocery prices rise, cheese and butter get cheaper "Not such a good idea": How banning diesel exports to lower prices could backfire As banks consolidate, some customers aren’t so sure they’re happy Hosted on Acast. See acast.com/privacy for more information.