White House hunts a tax fix for record diesel as jet fuel bills climb

Diesel is past $6.50 a gallon. The White House is backing away from an outright export ban. It now weighs tax workarounds instead, like suspending the federal diesel levy and widening use of off-road red diesel. A ban could cut refinery runs and lift jet fuel and gasoline too. So officials favor voluntary refiner steps. Airfares and jet fuel bills are hitting records as the squeeze spreads.