FXHedge|Oct 06, 2026 12:22
TRUMP OPENS RED-DYED DIESEL TO TRUCKERS IN BID TO SLASH FUEL COSTS
President Trump is giving truckers a new way to fight pain at the pump, signing an executive order that temporarily lets them fill up with red-dyed diesel normally barred from highway use.
"They’re going to be very happy in about two seconds," Trump said during remarks in Grand Island, Nebraska, before announcing the relief.
The order allows off-road diesel on highways and defers the federal excise tax through year’s end without interest or penalties, according to the White House.
The administration estimates truckers could save more than $100 per refill.
"So tonight I’m going to sign a historic executive order to officially waive the off-road requirement and allow anyone to purchase tax-free red-dye diesel for any reason," Trump said.
Full article:
https://www.foxbusiness.com/politics/trump-opens-red-dyed-diesel-truckers-bid-slash-fuel-costs
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