Fuel & Energy
The nation’s truckstops and travel plazas are among the largest distributors of diesel fuel and gasoline, and NATSO closely monitors regulatory action and industry trends that affect the supply and distribution of fuel. From biodiesel tax credits to underground storage tank requirements, NATSO is on the forefront of industry issues.
In a report released on July 20, 2016, the Environmental Protection Agency (EPA) found moderate or severe corrosion in diesel underground storage tanks (USTs). The report stated that the corrosion, which was found inside both steel and fiberglass UST systems, can cause equipment failure by preventing proper operation of release detection and prevention equipment. If left unchecked, EPA said, corrosion could cause UST system failures and releases, which could lead to groundwater contamination.
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On July 13th Senators Chuck Grassley (R-IA) and Maria Cantwell (D-WA) introduced legislation that would repeal the biodiesel blenders' tax credit and replace it with a producers' credit beginning in 2017, keeping the credit in place for three years through 2019. The credit would only be available to domestically produced biodiesel.
NATSO submitted comments to the Environmental Protection Agency on the Agency's proposed renewable fuel mandates for 2017, and biodiesel mandates for 2018. Every year EPA announces mandatory renewable fuel obligations for refiners. NATSO comments on the proposal -- which will likely be finalized in late November -- were largely supportive. Read the comments here
Two new guidance documents, one from the Environmental Protection Agency, and one from a private, industry-funded non-profit, provide practical tips for maintaining underground storage tanks, minimizing leakage and fuel contamination, and maximizing fuel system cleanliness necessary for diesel equipment.
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