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Story summary
- U.S. President Donald Trump signed an order allowing red-dyed diesel on highways and deferring the diesel tax until Dec 31.
- The deferral cuts the excise tax by 24.4 cents per gallon, about a 4 % price reduction.
- Diesel now averages $6.30 per gallon, roughly 70 % higher than a year ago.
- Analysts note a 250-gallon fill costs about $61, far below the White House’s claimed $100-plus savings.