White House eyes diesel fuel moves that fall short of export ban, reports Politico
The White House is weighing alternatives to a diesel export ban, such as dyed diesel distribution and state excise tax relief, with an announcement expected shortly.
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Trump administration officials are weighing alternatives to imposing a ban on diesel exports to bring prices for the fuel down from record highs — including passing the issue down to the state level, reports sources. Several options are on the table without a full halt to exports of the fuel. US President Trump still expected to announce some sort of policy as soon as Friday or early next week, though no final decision has been made, these sources said. Among the evolving set of options under consideration by Trump officials are measures to boost distribution of “dyed diesel,” a red-colored fuel used in agriculture, construction and for other off-road vehicles that is exempt from state and federal taxes, sources said. WH would also encourage more states to eliminate their state-level excise taxes on diesel ahead of the midterms. "The internal Trump administration talks are ongoing and there’s been no final decision, but officials are working to announce a diesel plan soon, the people said, and it would likely be released by early next week."
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