Fuel & Energy

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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.

Miles Traveled Tax Gaining Support

December 10, 2012

Miles Traveled Tax Gaining Support

Incoming House transportation Chairman Bill Shuster last week called a U.S. tax based on miles driven “a fair way” to pay for highway improvements. With fuel economy of cars and trucks increasing and more hybrids hitting the road, officials are taking a look at the fuel tax over the long haul, in recognition that the current ways of paying for infrastructure aren't generated enough revenue.

API Sues EPA Over Biodiesel Mandate

December 3, 2012

API Sues EPA Over Biodiesel Mandate

The American Petroleum Institute has filed a lawsuit against the Environmental Protection Agency’s biodiesel mandate.

EPA Inspector General Investigates Renewable Fuel Credit Trading Program

December 3, 2012

EPA Inspector General Investigates Renewable Fuel Credit Trading Program

EPA Inspector General has launched an investigation to examine EPA's role in managing the renewable fuels credit trading program, which has been plagued by fraud.

NATSO, PMAA Urge Congress to Extend the Biodiesel Blender's Tax Credit

December 3, 2012

NATSO, PMAA Urge Congress to Extend the Biodiesel Blender's Tax Credit

NATSO and PMAA sent a letter to Congressional leadership and to tax writing committees urging them to include an extension of the one-dollar-per-gallon biodiesel blender’s tax credit to the tax extenders package currently being discussed among lawmakers.

Shuster to Head House Transportation Panel

December 3, 2012

Shuster to Head House Transportation Panel

Rep. Bill Shuster (R-Penn.) will take over as chairman of the House of Representatives Transportation and Infrastructure Committee in January, replacing John Mica (R-Fla.) who must step down due to term-limitation rules.

Refiners Ask EPA to Reconsider Biodiesel Volume Mandate

November 26, 2012

Refiners Ask EPA to Reconsider Biodiesel Volume Mandate

Last week U.S. refiners asked the Environmental Protection Agency (EPA) to reconsider its earlier rule boosting the volume of biodiesel to be produced in 2013 as part of the Renewable Fuels Standard.

N.Y. State Senator Introduces Bill to Require Generators at Fuel Stations

November 12, 2012

N.Y. State Senator Introduces Bill to Require Generators at Fuel Stations

New York State Sen. David Carlucci (D) has introduced legislation that would require fuel retailers in New York State to have electric generators on site, ensuring they are able to operate all fuel pumps, dispensing equipment, life safety systems and payment acceptance equipment in the event of a power outage.

Court of Appeals Hears Arguments Against California Low Carbon Fuel Standard

November 5, 2012

Court of Appeals Hears Arguments Against California Low Carbon Fuel Standard

A three-justice panel of the 9th U.S. Circuit Court of Appeals recently heard oral arguments about the constitutionality of California’s “Low Carbon Fuel Standard,” a piece of the state’s landmark global warming law, AB 32.

EPA and NHTSA Finalize Fuel Economy Standards for Light Duty Vehicles

October 22, 2012

EPA and NHTSA Finalize Fuel Economy Standards for Light Duty Vehicles

EPA and NHTSA last week finalized their rule aimed at reducing greenhouse gas emissions and improving fuel economy for light-duty vehicles for model years 2017 and beyond.

Arkansas Aims to Use Sales Tax for Roads

October 15, 2012

Arkansas Aims to Use Sales Tax for Roads

A proposed constitutional amendment on Arkansas’s ballot this November would add a half-cent to the state’s 6-cent sales tax to raise money for transportation.

EPA to Decide on Renewable Fuel Waivers

October 8, 2012

EPA to Decide on Renewable Fuel Waivers

EPA plans to decide by mid-November if certain states will receive waivers from renewable fuel requirements for ethanol in gasoline.

Reps. Olson and Blackburn Introduce Bill to Stop RIN Fraud

September 24, 2012

Reps. Olson and Blackburn Introduce Bill to Stop RIN Fraud

Two legislators introduce the “Stop RIN Fraud Act of 2012” (H.R. 6444).

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