Could the Executive Order Signed by Trump Monday Lower Diesel Costs Ahead of Midterms?
The order could save drivers up to $100 per trip and gives truckers and farmers broader access to tax-free fuel through year-end.
- On Monday, October 5, President Donald Trump signed an executive order in Nebraska deferring the federal levy of 24.4 cents a gallon on red-dyed diesel through December 31 to reduce fuel costs ahead of midterm elections.
- Nebraska Governor Jim Pillen requested relief in a September 24 letter, reporting record diesel prices averaging $6.21 a gallon as the state headed toward the November 3 midterm elections.
- During the rally, Trump called senior aide Natalie Harp on stage, describing her as a "perfect person" and likening her to a model on The Price Is Right while floating a reality television show idea.
- Defending fuel prices as a cost of his seven-month war with Iran, Trump remarked, "Let them take out Los Angeles, let them take out San Diego," prompting California Governor Gavin Newsom to call him "deranged and dangerous."
- Trump also promised a $5,000 "Trump dividend" for every adult citizen if Republicans retain control of the House and Senate, a $1 trillion proposal requiring future congressional approval with no announced timeline.
119 Articles
119 Articles
Trump says Russia to supply diesel to US and global market
By Bo Erickson, Timothy Gardner and Jarrett Renshaw WASHINGTON, Oct 9 (Reuters) - President Donald Trump said on Friday that Russia had agreed to immediately supply diesel to US and global markets in an effort to lower fuel prices ahead of the US midte...
How big a deal is the red-dyed diesel directive?
LINCOLN — Sixth-generation Nebraska farmer John Hansen leaned into baseball lingo to describe his take on dual diesel directives by President Donald Trump and Gov. Jim Pillen. He compared the impact to a bunt single. The swing was less than full and the outcome far from a home run, he said. “It’s somewhat helpful but small […]
New executive order expands use of red-dyed-fuel amid high fuel costs
LINCOLN, Neb. (KLKN) – Red dyed diesel fuel is typically reserved for farm equipment and meant to for use off-road, or off of highways. Often ordered directly from oil distributors, the colored diesel has no sales tax applied as a way to help agricultural transporters save on costs. In light of historically high diesel costs, President Donald Trump signed a...
Red-dyed diesel order unlikely to stem red ink from high prices
A White House bid to address sky high fuel prices by allowing temporary expanded use of untaxed diesel will have a limited impact on businesses and consumers feeling the pain at the pump, experts say. President Donald Trump signed an executive order while at a Nebraska campaign event on Monday allowing the sale of red-dyed […]
Trump Takes on Sky-High Fuel Costs with EO Expanding Red-Dyed Diesel Access
U.S. President Donald Trump signed an executive order (EO) expanding access to tax-exempt diesel fuel during a rally at Grand Island, Nebraska on Monday, Oct. 5. Trump signed the order on stage at the Pinnacle Bank Expo Center on the Nebraska State Fairgrounds, where Executive Assistant to the President Natalie Harp brought the document out for […]
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