Trump Administration Orders Permission for Dyed Diesel on Highways and Deferral of Federal Excise Tax
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View chart & analysis → - 1The Donald Trump administration signed an executive order temporarily allowing the use of dyed diesel for off-road use on highways and deferring the federal excise tax.
- 2The Treasury Department has been directed to defer the federal excise tax on dyed diesel used on highways without interest or penalties until the end of 2026.
- 3Analyst Patrick Di said the dyed diesel order appears large in scale but most drivers will not benefit.
So what's the key point?
The Trump administration allowed off-road fuel to be used on highways and deferred taxes. However, experts say it will be difficult for most drivers to receive these benefits.
Source Reuters +1 · View original ↗
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