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‘Lipstick on a pig’: Trump’s red-dyed diesel plan is more midterms appeal than gas price solution, experts say—and even truckers are calling his bluff

As the Iran war keeps diesel prices above $6 per gallon, analysts say the only way to lower costs is to ease geopolitical tensions.
Diesel fuel prices are hovering at record highs above $6 per gallon amid the ongoing Iran war, but both energy analysts and trucking industry groups say the Trump administration’s new strategy is less a viable solution—and more of an act of political posturing. President Donald Trump signed an executive order this week deferring taxes on the use of red-dyed diesel, a type of fuel typically only used by farmers and truckers. Because this type of fuel is exempt from highway fuel taxes, it is illegal to use on public roads. The…
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