Explainer-What is red-dyed diesel and can it help lower prices, as Trump wants?

Idaho Statesman reports: NEW YORK, Sept 30 (Reuters) - The White House is considering regulatory relief that would expand sales of red-dyed diesel, a tax-exempt fuel typically used for farming, as prices surge following supply disruptions linked to the US conflict with Iran, Ukrainian strikes on Russian refineries and declining global inventories. Analysts warn such relief would do little to combat the problem of shrinking supply that has driven prices to record levels. Here is more about the problems plaguing the diesel market, and what effect, if any, broader use of red-dye diesel may have: WHAT IS THE WHITE HOUSE PROPOSING TO DO?

Missing media or need the complete publisher report? Open Idaho Statesman ↗