Government leaders

Trump Plans to Ease Limits on Tax-Exempt Diesel Variety

Bloomberg5 October 2026, 18:41 UTCRussia

Tom Kloza, chief energy advisor for Gulf Oil, said that it is unlikely President Trump's proposed easing of limits on tax-exempt 'red-dyed diesel' will do much to bring down the price of diesel and that the only thing that will meaningfully impact high prices is an end to ongoing conflicts in Russia and the MidEast. (Source: Bloomberg)

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