EnergyNotableReportedDeveloping
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Trump to ease red diesel limits to curb fuel inflation
Financial Times·US·1 day ago
President Trump signed an executive order in Nebraska to expand access to red diesel, a tax-exempt fuel typically restricted to agricultural and off-road use, aiming to lower diesel prices. The order allows broader purchase eligibility, though details on implementation and scope remain unclear. This marks a policy shift that could reduce fuel costs for consumers and businesses but may impact tax revenues and environmental regulations.
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