Trump signs executive order temporarily leashing diesel tax dogs

Source: CNN

“President Donald Trump signed an executive order late Monday aimed at bringing down near-record diesel prices by waiving restrictions on cheaper red-dyed diesel. Speaking at a campaign event in Nebraska, a state hit hard by the spike in diesel prices, Trump said the order will ‘allow anyone to purchase tax-free red-dyed diesel for any reason.’ … Red-dyed diesel is the same as regular diesel. It’s just untaxed and dyed red to distinguish it for off-road use only, such as for tractors or industrial purposes. … The fact sheet says the order directs the Treasury secretary, in consultation with the secretary of defense, to defer payment for on-road use of dyed diesel fuel for the rest of the year without interest or penalties and to ‘explore pathways to eliminate the obligation to pay the deferred taxes.'” [editor’s note: So the taxes aren’t actually coming off, they’re just getting extorted later – TLK] (10/05/26)

https://www.cnn.com/2026/10/05/business/trump-diesel-prices-executive-order