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Market Chatter: Trump Plans to Ease Restrictions on Use of Tax-Exempt Diesel Variety

Market Chatter: Trump Plans to Ease Restrictions on Use of Tax-Exempt Diesel Variety

MT newswireMT newswire2026/10/05 15:17

11:17 AM EDT, 10/05/2026 (MT Newswires) -- President Donald Trump is planning to ease limits on the use of dyed red diesel, a tax-exempt variety of the fuel, Bloomberg reported Monday, citing people familiar with the matter. The Trump administration is expected to unveil the plan on Monday, the report said, citing the people. The White House didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

11:17 AM EDT, 10/05/2026 (MT Newswires) -- President Donald Trump is planning to ease limits on the use of dyed red diesel, a tax-exempt variety of the fuel, Bloomberg reported Monday, citing people familiar with the matter. The Trump administration is expected to unveil the plan on Monday, the report said, citing the people. The White House didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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