🚨 BREAKING: 🇺🇸 TRUMP MAKES A MAJOR DIESEL MOVE
The U.S. is allowing tax-free red diesel on public highways through the end of 2026.
⛽ Same diesel. Less tax burden.
💰 Federal diesel tax: ~24.4¢/gallon
📉 Potential relief at the pump
📊 Possible short-term impact on inflation expectations
But here's the catch 👀
This does NOT automatically mean cheaper wholesale diesel. Refiners still receive market prices, so the real impact depends on whether the tax savings reach consumers.
For crude markets, watch:
➡️ Diesel prices
➡️ Refinery margins
➡️ U.S. fuel demand
➡️ Inflation expectations
$CL at ~88.85 👀
Will cheaper fuel pressure inflation lower?
NFA. DYOR.
#Oil #CrudeOil #CL $CL
The U.S. is allowing tax-free red diesel on public highways through the end of 2026.
⛽ Same diesel. Less tax burden.
💰 Federal diesel tax: ~24.4¢/gallon
📉 Potential relief at the pump
📊 Possible short-term impact on inflation expectations
But here's the catch 👀
This does NOT automatically mean cheaper wholesale diesel. Refiners still receive market prices, so the real impact depends on whether the tax savings reach consumers.
For crude markets, watch:
➡️ Diesel prices
➡️ Refinery margins
➡️ U.S. fuel demand
➡️ Inflation expectations
$CL at ~88.85 👀
Will cheaper fuel pressure inflation lower?
NFA. DYOR.
#Oil #CrudeOil #CL $CL