Macro Finance
Trump Plans to Ease Limits on Tax-Exempt Diesel Variety
Bloomberg Markets·October 5, 2026·1 min read
Tom Kloza, chief energy advisor for Gulf Oil, said President Trump's proposed easing of limits on tax-exempt 'red-dyed diesel' is unlikely to bring down diesel prices. He said only an end to ongoing conflicts in Russia and the MidEast would meaningfully impact high prices, according to Bloomberg.
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