AlertsAndNews
Oct 6, 2:35 AM
$USO $VLO $XOM $COP Aiming At Fuel Costs, Trump Opens Tax-Exempt 'Red Dye' Diesel To All Drivers
President Trump signed an executive order at a Nebraska rally Monday night that temporarily allows tax-free dyed diesel on highways, deferring the 24.4-cent-per-gallon federal diesel tax on that fuel through year-end, per the White House. The White House put the savings at about
$60 on a 250-gallon fill, and more than
$100 where states match. NBC noted U.S. diesel is up more than 70% since the Iran war began Feb. 28 and hit a record
$6.52 a gallon on Sept. 22, per AAA.
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