The Trump administration is waiving tax recordkeeping requirements for red diesel to encourage farmers, truck-stop operators and other companies to buy the tax-exempt fuel. According to Sina Finance, the IRS issued guidance Wednesday temporarily easing tax filing and recordkeeping requirements for dyed diesel, which is used off-road and colored red to distinguish it from clear diesel. Red diesel is exempt from federal excise tax, while clear diesel is taxed at 24.4 cents per gallon.

Buyers and sellers had been seeking more federal guidance on how to use the new policy. The IRS guidance may reassure them that buying dyed diesel will not lead to a tax bill later. The move is one of President Donald Trump's efforts to address high diesel prices by expanding tax-exempt diesel sales.

Polling shows voters are dissatisfied with the cost of living and Trump's war on Iran, and may direct their frustration toward Republican candidates at the polls. The American Automobile Association (AAA) says the national average diesel price is currently about $6.32 per gallon, near the record high set in September.