Gov. Tate Reeves has announced that Mississippi would not enforce dyed diesel prohibitions on highways after President Donald Trump signed an executive order to try to lower the soaring cost of the fuel.
This would mean diesel, which has shot up to more than $6 a gallon due to the war in Iran and hit Mississippi truckers and farmers hard, could be purchased without the 24-cents-a-gallon federal or state excise usually levied on dyed fuel meant for highway use.
“This will have positive ripple effects on America’s economy and your wallet,” Reeves wrote in a social media post.
Trump signed the order at a rally in Nebraska on Monday.
Red-dyed diesel is identical to regular diesel but is intended for use in farm equipment and machinery and is not subject to federal and state excise taxes. It’s dyed red to distinguish it from diesel that has been taxed.
“I’d like to thank President Trump and his administration for working quickly to provide this relief,” Reeves wrote on social media. “Mississippi looks forward to working with USDOT to implement the president’s directives and executive order. We’ll continue to explore legal and fiscally responsible ways to help further drive down fuel prices.”
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