Trump's Executive Order on Dyed Diesel Will Offer Little Relief, Farmers and Truckers Say
Industry groups warn the tax deferral may not reach most drivers because many truck stops do not stock red diesel and state rules still vary.
- On Monday, President Donald Trump signed an executive order allowing tax-free, off-road "dyed" diesel for highway use, aiming to lower costs for American truckers and farmers.
- Retail diesel prices recently topped $6.50 a gallon, as conflicts in Russia and the Persian Gulf have driven costs up, straining the agricultural economy and burdening families.
- Energy industry groups warn the move faces significant logistical hurdles; many truck stops do not stock dyed diesel and uncertainty remains regarding potential tax liabilities for users.
- Governor JB Pritzker issued a state disaster proclamation on Wednesday, directing Illinois agencies to allow agricultural use of dyed diesel on highways through December 31, 2026.
- Analysts suggest the policy may offer limited immediate relief, as the fuel's dye can accumulate in engines not designed for it and further Treasury Department guidance is required.
61 Articles
61 Articles
Associated Press News
Trump's executive order on dyed diesel will offer little relief, farmers and truckers say
Farmers, truckers, and economists say cutting taxes on diesel may not ease record-high fuel prices. Prices have soared since the U.S. attacked Iran months ago, with diesel prices averaging $6.30 per gallon on Wednesday.
The Toronto Star
Trump’s executive order on dyed diesel will offer little relief, farmers and truckers say
SIOUX FALLS, S.D. (AP) — Farmers, truckers and economists say a move to cut taxes on diesel will provide little relief from record-high fuel prices that have soared since the
Trump’s fuel-price toolbox is getting smaller
Gasoline and diesel prices are creating a growing political and economic challenge for President Donald Trump, whose administration campaigned on lowering Americans’ cost of living, Bloomberg reports. U.S. gasoline prices have climbed from about $3 a gallon when Trump began his second term to more than $4, a record high for this time of year, […]
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