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

YesterdayRight

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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Red-dyed diesel order unlikely to stem red ink from high prices

Roll Call

Yesterday

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Red-dyed diesel order unlikely to stem red ink from high prices

A White House bid to address sky high fuel prices by allowing temporary expanded use of untaxed diesel will have a limited impact on businesses and consumers feeling the pain at the pump, experts say. President Donald Trump signed an executive order while at a Nebraska campaign event on Monday allowing the sale of red-dyed…

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Truck stops warned against red-dyed diesel sales: ‘Limited upside’

The Hill

23 hours ago

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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…

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Bloomberg

2 days ago

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Trump Plans to Ease Limits on Tax-Exempt Diesel Variety

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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