golfer1,
Here are a few numbers for you on the Michelin LTX M/S
LT285/75R16D - Max load 3305 lbs. - 32.85 inches tall - 634 RPM
LT265/75R16E - Max load 3415 lbs. - 31.65 inches tall - 652 RPM
LT245/75R16E - Max load 3042 lbs. - 30.45 inches tall - 681 RPM
The tires you are running on your truck have a lower load rating than the LT265/75R16E's by 110 lbs, and they are 1.2 inches taller which means more power is required to turn the tire, which could mean lower fuel mileage.
To answer the question, "Are 265/75/16 e going to get the job done?", yes, better than the tires you are currently running.
Hope this helps.
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