Industry groups representing energy marketers and truck stops are warning against Donald Trump’s plans to tackle soaring diesel prices caused by his war in Iran.
During a campaign rally in Nebraska on Monday, Trump signed an executive order—brought to him by his favorite White House aide, Natalie Harp—allowing “red-dyed” diesel for highway use as a temporary move to lower diesel prices.
Off-road “dyed” diesel is normally intended for agricultural purposes and farm equipment and is exempt from federal and state excise taxes.
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