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[sailthru_widget name="Sailthru Widget Block" sailthru_list="Energy and Environment" title="Energy & Environment"] {beacon} Energy & Environment Energy & Environment The Big Story Trump seeks to make more diesel available President Trump on Monday night moved to make more diesel available in a bid to lower fuel prices.© AP Photo/Nick Ingram “I’m going to sign a historic executive order to officially waive the off-road requirement and allow anyone to purchase tax-free red dyed diesel for any reason,” Trump said before calling on aide Natalie Harp to bring the order on stage for him to sign. This diesel simply has dye added to it to signal that it is tax exempt and is typically used in machines such as farm and construction equipment. Trump signed the order at a rally for Nebraska Sen. Pete Ricketts (R) and Gov. Jim Pillen (R). Ricketts’ reelection bid in particular has become increasingly competitive in recent weeks. “So Pete and Jim, this should absolutely assure your election,” the president said. The executive order directs the Treasury Secretary to consider deferring payments of federal excise taxes for on-road uses of dyed diesel for the rest of the year. The moves come as diesel prices have reached record highs in recent weeks and put a strain on industries that use the fuel, including agriculture and trucking. As of Monday, diesel averaged about $6.32 per gallon, according to AAA. Tom Kloza, chief oil analyst at Gulf Oil, told The Hill that he doesn’t expect that increasing availability of red-dyed diesel will make a significant difference in the price overall. “This is really a cosmetic gesture,” Kloza told The Hill ahead of the actual announcement based on reports that such a move was forthcoming. “This really is a Band-Aid where a tourniquet would be more appropriate.” Read more at TheHill.com. Welcome to The Hill’s Energy & Environment newsletter, I’m Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. Did someone forward you this newsletter? Subscribe here. Essential Reads How policy will affect the energy and environment sectors now and in the future: Red-dyed diesel: What is it, and can you use the tax-free fuel? Diesel prices have been high as of late, prompting President Trump to announce new efforts to lower costs on Monday. Full Story Over 347M children under threat due to El Niño, UNICEF says Millions of children around the world are facing the threat of one of the strongest El Niño events on record, according to UNICEF. Full Story Saudi-backed Yemeni forces expel Houthi rebels from several areas around key strait, officials say Forces of the Saudi-led coalition fighting in Yemen have recaptured several key areas around the strategic Bab el-Mandeb Strait from Iran-backed Houthi rebels, Yemeni officials said Monday, while the Houthis claimed attacks on Saudi oil facilities, airports and military bases as fighting escalated on Yemen’s western coast. Full Story What We’re Reading News we’ve flagged from other outlets touching on energy issues, the environment and other topics: Veteran conservative lawyer quits Trump’s interior department and warns of ‘assault on the rule of law’ (The Guardian/Public Domain) A New Crop of Solar Panels Is the U.S.’s Best Hope of Catching China (The New York Times) On Tap Upcoming news themes and events we're watching:Tomorrow, the Supreme Court will hear arguments in case about whether Army actions related to hazardous waste in Guam requires review under the National Environmental Policy Act. What Others are Reading Two key stories on The Hill right now: Newsom calls for 25th Amendment after Trump’s remarks on California President Trump is stoking outrage among California Democrats and at least one House GOP candidate after he suggested at a midterm rally that he would allow Iran to “take out” Los Angeles and San Diego. Read more Noem refutes report her DHS bought planes at inflated prices from donor The Department of Homeland Security reportedly bought five planes at inflated prices from a political donor to then-DHS Secretary Kristi Noem just hours before she left office — a charge she refutes. Read more You’re all caught up. See you tomorrow!document fetched 2026-10-07 02:56 · canonical https://thehill.com/newsletters/energy-environment/6132691-trump-boosts-dyed-diesel-availability-amid-high-prices