Trump signs executive order allowing all buyers to purchase tax-exempt red diesel

US President Donald Trump has signed an executive order permitting all consumers, truckers, and commercial operators to buy tax-exempt red-dyed diesel. The move waives off-road restrictions to offer relief from surging energy costs, saving buyers the roughly 24-cent-per-gallon federal tax, which represents about 4% of current retail prices. The action follows severe fuel inflation, with retail diesel averaging roughly $6.30 to $6.32 per gallon, near recent record highs of $6.53. The administration previously considered an outright ban on diesel exports before ruling it out following opposition and G7 emergency stockpile release commitments.