Bloomberg Politics

Trump Plans to Ease Limits on Tax-Exempt Diesel Variety

3 days agoCenter

President Donald Trump is preparing to ease limits restricting the use of a tax-exempt variety of diesel, his latest bid to pare costs for the essential fuel ahead of the November midterm elections.

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Trump to widen access to tax-exempt diesel to lower record-high prices

Washington Examiner

2 days ago

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Trump to widen access to tax-exempt diesel to lower record-high prices

President Donald Trump is set to expand access to tax-exempt dyed diesel in an effort to lower fuel costs ahead of the midterm elections. The president is set to announce an executive order that would allow for greater access to red-dyed diesel, Reuters reported on Monday. The fuel is typically reserved for off-road uses and…

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Trump’s red-dye diesel tax waiver could have limited impact on prices – here’s why

New York Post

Yesterday

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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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