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Red diesel tax break: will US truckers save 24 cents a gallon?

CLAVE 1 / 4US retail diesel prices fell 18.3 cents per gallon to $6.199, 33 cents below the record high of $6.529 set two weeks ago.

CLAVE 2 / 4President Trump signed an executive order allowing red-dyed diesel—previously tax-exempt for off-road use—to be used in over-the-road trucks.

CLAVE 3 / 4The federal excise tax on diesel is 24.3 cents per gallon, which the order defers for red-dyed fuel.

CLAVE 4 / 4States like Alabama and Texas have updated rules to permit highway use, but most still ban it, creating a patchwork of regulations.

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