Tonight, President Donald J. Trumpsignedan Executive Order to immediately cut diesel costs for the truckers and farmers who keep America moving. The order temporarily opens highway use of tax-free dyed diesel, deferring the federal diesel tax on that fuel through the end of the year — no interest, no penalties.
With elevated diesel prices and tightened global supply driven by the Russia-Ukraine war and a lack of refining capacity around the world, this is President Trump’s affordability agenda in action.
“Today, I am announcing another unprecedented step to bring down costs. For many years, farm vehicles, construction equipment, and other off-road vehicles have used what is known as ‘red dye’ diesel… which is exactly the same as normal diesel, but is sold tax-free for off-road vehicles and big trucks… Tonight, I am going to sign a historic Executive Order to officially waive the off-road requirement and allow anyone to purchase tax-free red dye diesel for any reason,” President Trump said in Nebraska.
The federal diesel tax is24.4 cents per gallon, or about $60 on a 250-gallon fill. Where states match this federal action, savings will top $100 per fill — a real difference for the hardworking Americans who haul the freight and grow the food.
Tonight, President Donald J. Trumpsignedan Executive Order to immediately cut diesel costs for the truckers and farmers who keep America moving. The order temporarily opens highway use of tax-free dyed diesel, deferring the federal diesel tax on that fuel through the end of the year — no interest, no penalties.
With elevated diesel prices and tightened global supply driven by the Russia-Ukraine war and a lack of refining capacity around the world, this is President Trump’s affordability agenda in action.
“Today, I am announcing another unprecedented step to bring down costs. For many years, farm vehicles, construction equipment, and other off-road vehicles have used what is known as ‘red dye’ diesel… which is exactly the same as normal diesel, but is sold tax-free for off-road vehicles and big trucks… Tonight, I am going to sign a historic Executive Order to officially waive the off-road requirement and allow anyone to purchase tax-free red dye diesel for any reason,” President Trump said in Nebraska.
The federal diesel tax is24.4 cents per gallon, or about $60 on a 250-gallon fill. Where states match this federal action, savings will top $100 per fill — a real difference for the hardworking Americans who haul the freight and grow the food.
