Donald Trump eases red diesel limits in attempt to quell fuel inflation
https://www.ft.com/content/8a733f73-d506-49ae-9030-2bbf0987bc8d?segmentid=c50c86e4-586b-23ea-1ac1-7601c9c2476f
Posted by financialtimes
Donald Trump eases red diesel limits in attempt to quell fuel inflation
https://www.ft.com/content/8a733f73-d506-49ae-9030-2bbf0987bc8d?segmentid=c50c86e4-586b-23ea-1ac1-7601c9c2476f
Posted by financialtimes
6 Comments
Donald Trump has temporarily eased limits on the use of tax-exempt red diesel as midterm elections approach and his administration tries to contain a fuel price crisis triggered by the US president’s Iran war.
Trump signed an executive order on Monday night allowing dyed fuel to be used on public roads and highways with federal excise taxes deferred for the rest of the year.
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Kima — FT social media team
You mean COMMIE diesel??
Helps truckers a bit. Does jack all for farmers.
Somebody correct me if I’m wrong but isn’t the red diesel bad for modern day diesel emissions equipment?
Doesn’t this sort of temporarily shift prices marginally lower due to tax relief? The supply of diesel remains constrained.
It’s truly incredible that someone that old can produce a perfect signature.
…every….time..