Fuel & Energy

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EPA's Tier 3 Rule Eliminates Pump Labeling Requirement

April 15, 2013

EPA's Tier 3 Rule Eliminates Pump Labeling Requirement

The EPA's new proposed regulation to reduce the sulfur content of gasoline also proposes to remove the dispenser label requirement for diesel fuel pumps dispensing 15 ppm ultra-low sulfur diesel beginning Dec. 1, 2014.

IRS Issues Simplified Procedures for Claiming Retroactive Biodiesel Blenders Credit

April 8, 2013

IRS Issues Simplified Procedures for Claiming Retroactive Biodiesel Blenders Credit

The Internal Revenue Service (IRS) has issued new and simplified filing procedures for 2012 retroactive biodiesel blender claims. The new procedure allows claims for all four quarters of 2012 to be filed on IRS Form 8849 Schedule 3. Blenders are no longer required to file amended IRS Form 720X returns to obtain 2012 biodiesel blending credits provided the claim is filed by July 1, 2013.

Legislation Seeks to Protect Retailers from E-15 Misfueling Liability

March 25, 2013

Legislation Seeks to Protect Retailers from E-15 Misfueling Liability

Fuel retailers who abide by the Environmental Protection Agency's (EPA) E-15 labeling rules would be protected from liability claims by consumers who misfuel their vehicles under a new bill introduced last week by Rep. John Shimkus (R-Ill.)

Energy Committee Seeks Industry Comment on Blend Wall

March 25, 2013

Energy Committee Seeks Industry Comment on Blend Wall

As it reviews the Renewable Fuels Standard (RFS) for the first time in five years, the House Energy and Commerce Committee is seeking input from industry stakeholders to a series of questions related to the "blend wall."

Broad Tax Reform Could Open Door to Fuel Tax Increase

March 25, 2013

Broad Tax Reform Could Open Door to Fuel Tax Increase

House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) said last week that an increase in the federal fuel tax could be included in a broader tax reform package.

More States Weigh Sales, Fuel Tax Hikes

March 18, 2013

More States Weigh Sales, Fuel Tax Hikes

The number of states seeking to generate transportation revenues by increasing sales taxes or state motor fuel taxes is growing, with lawmakers in Missouri and Washington marking the latest to introduce such legislation.

Maryland Latest State Seeking to Impose Wholesale Tax on Fuel

March 11, 2013

Maryland Latest State Seeking to Impose Wholesale Tax on Fuel

Maryland Gov. Martin O'Malley (D) last week unveiled a new transportation funding plan that would lower the state's excise tax on gasoline and replace it with a sales tax on the wholesale price. The governor appears to be following the lead of neighboring state Virginia, which passed a similar plan last month.

Wisconsin Voters to Decide on Protecting Transportation Funds

March 4, 2013

Wisconsin Voters to Decide on Protecting Transportation Funds

In the next election, Wisconsin voters will have the opportunity to approve an amendment to their state constitution that would prevent governors and legislators from diverting money in the state’s transportation fund to any other purpose.

Virginia’s Transportation Legislation Brings Fuel Tax Changes

March 4, 2013

Virginia’s Transportation Legislation Brings Fuel Tax Changes

Virginia’s recent transportation legislation will make significant changes to the way fuel taxes are calculated when the law takes effect July 1.

U.S. Senators Introduce Legislation to Block Ethanol Increases

February 25, 2013

U.S. Senators Introduce Legislation to Block Ethanol Increases

U.S. Senators Roger Wicker (R-M.S.) and David Vitter (R-La.) have introduced legislation to block an increase in the amount of ethanol that can be blended with gasoline. The bill would overturn Environmental Protection Agency (EPA) waivers that allowed gasoline containing 15 percent ethanol (E15) to be used for many passenger cars and light trucks, and would prohibit the agency from granting future waivers for any blends above 10 percent ethanol.

Wyoming Passes Legislation Increasing Fuel Tax

February 25, 2013

Wyoming Passes Legislation Increasing Fuel Tax

Wyoming Gov. Matt Mead (R) has signed a bill that will increase the state's tax on diesel and gasoline to 24 cents beginning in July, up from the current 14-cent-per-gallon tax.

EPA Releases Requirements for Retailers Planning to Offer E-15

February 18, 2013

EPA Releases Requirements for Retailers Planning to Offer E-15

The Environmental Protection Agency (EPA) has outlined the conditions fuel retailers need to meet to sell higher-ethanol gasoline through a blender pump—one that offers both E10 and E15 through a common hose and nozzle.

House Committee Seeks EPA Information on RIN Fraud

February 18, 2013

House Committee Seeks EPA Information on RIN Fraud

The House Energy and Commerce Committee is asking the Environmental Protection Agency (EPA) to detail steps it is taking to prevent fraudulent renewable fuel credits, or RINs, from entering the marketplace. The committee also wants to know whether fraudulent credits have contributed to a “dramatic decline” in RIN prices since July 2012. The committee asked EPA to respond by Feb. 22.

IRS Releases Guidance on Retroactive Biodiesel Tax Claims

February 11, 2013

IRS Releases Guidance on Retroactive Biodiesel Tax Claims

The Internal Revenue Service has issued guidance on how to claim biofuel tax incentives that were retroactively reinstated by Congress through 2012.

Judges Won’t Reconsider E15 Rule; Industry Faces Blend Wall

January 21, 2013

Judges Won’t Reconsider E15 Rule; Industry Faces Blend Wall

A federal appeals court refused to reconsider a decision to throw out a lawsuit challenging an Environmental Protection Agency (EPA) rule that allows sales of E-15, a gasoline blend containing 15 percent ethanol. Grocery, auto and oil industry trade groups sued in 2010, saying using more corn-based ethanol in fuel would harm engines and push up the price of food and gasoline.

House Bill Would Eliminate Energy Tax Credits

January 21, 2013

House Bill Would Eliminate Energy Tax Credits

U.S. Rep. Mike Pompeo (R-Kan.) has reintroduced legislation that would repeal numerous energy tax subsidies, including the cellulosic biofuel producer credit, the biodiesel and renewable diesel tax credit, the wind production tax credit and the enhanced oil recovery credit.

Oil Industry Group Seeks Cellulosic Biofuel Waiver

January 7, 2013

Oil Industry Group Seeks Cellulosic Biofuel Waiver

The American Fuel & Petrochemical Manufacturers (AFPM) has petitioned the Environmental Protection Agency (EPA) to waive the 2012 cellulosic biofuel mandate in the renewable fuel standard (RFS), citing a lack of domestic supply available for domestic use.

"Fiscal Cliff" Legislation Includes Biodiesel Tax Credit

January 7, 2013

"Fiscal Cliff" Legislation Includes Biodiesel Tax Credit

The House and Senate passed legislation Tuesday designed to avert the so-called fiscal cliff, a combination of tax increases for individuals and cuts to government spending. The legislation overwhelmingly passed the Senate, 89-8, and passed the House 257-167, with 85 Republicans voting in favor of the legislation.

"Fiscal Cliff" Legislation Includes Biodiesel Tax Credit

January 2, 2013

"Fiscal Cliff" Legislation Includes Biodiesel Tax Credit

The House and Senate passed legislation Tuesday designed to avert the so-called fiscal cliff, a combination of tax increases for individuals and cuts to government spending. The legislation overwhelmingly passed the Senate, 89-8, and passed the House 257-167, with 85 Republicans voting in favor of the legislation. The legislation includes extensions of some energy tax credits that are important to NATSO members.

Debate Over E15, Renewable Fuels Continues

December 10, 2012

Debate Over E15, Renewable Fuels Continues

AAA's call for a halt in the sale of gasoline containing 15 percent ethanol has sparked debate. The American Petroleum Industry released a point-by-point analysis of the Renewable Fuels Association's statement about AAA's position.

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