Trump Signs Order to Expand Access to Tax-Exempt Diesel Fuel
US President Donald Trump signed an executive order on Monday to broaden access to tax-exempt red-dyed diesel fuel, aimed at alleviating high diesel prices for farmers and businesses. The directive eliminates restrictions on off-road use, allowing wider purchases of this tax-exempt fuel. Diesel prices have surged, averaging $6.32 a gallon, significantly higher than last year. The order instructs the Treasury Secretary to defer federal excise tax payments on dyed diesel and directs states to enhance availability. This move comes as Republicans face pressure ahead of the midterm elections on November 3, with Trump's approval rating at 32%. The administration's actions follow the G7's agreement to release 100 million barrels of oil to address global supply concerns amid ongoing conflicts affecting fuel availability.
Published 23 hours ago • 06 Oct 2026, 07:35 AM IST