RedState
Bloomberg Politics
Trump Eases Dyed Diesel Limits in Bid to Lower Fuel Costs
Center
President Donald Trump’s latest bid to pare fuel costs ahead of November’s midterm elections included the signing of an executive order Monday to ease restrictions on the use of a tax-exempt variety of diesel. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
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4 related stories from other outlets
The Hill
Good Match
Truck stops warned against red-dyed diesel sales: ‘Limited upside’
Truck stops were warned by industry groups against selling red-dyed diesel, saying there is “limited upside” to its sale following reported record-high diesel prices across the U.S. “The White House appears to be trying to encourage the supply chain to move toward selling dyed fuel in non-traditional ways,” the Society of Independent Gasoline Marketers of…
Center
New York Post
Good Match
Trump’s red-dye diesel tax waiver could have limited impact on prices – here’s why
The special fuel has the same exact chemical composition as diesel fuel, but it’s dyed red to denote its tax-exempt status and is typically meant only for offroad farming equipment like tractors.
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Blaze Media
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Trump OKs dyed-diesel tax break, helping farmers and truckers save BIGLY
President Donald Trump has taken a major step to shield American truckers and farmers from the high cost of fuel.On Monday, Trump signed an executive order allowing them to use dyed diesel without paying a federal penalty.'The president listened to farmers and responded.'Dyed diesel is a tax-exempt fuel that is intended for off-road use, customarily in…
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