Fuel & Energy

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Fuel Tax Changes Take Effect in Several States July 1

June 24, 2013

Fuel Tax Changes Take Effect in Several States July 1

Beginning July 1, a number of states will see changes to the price of fuel at the pump as new taxes take effect.

Senate Bill Introduced to Change How LNG is Taxed

June 17, 2013

Senate Bill Introduced to Change How LNG is Taxed

U.S. Senators Michael Bennett (D-Colo.) and Richard Burr (R-N.C.) have introduced legislation that would require that liquefied natural gas (LNG) for transportation fuel be taxed based on energy output and not by the gallon equivalent.

States Continue to Propose Tax Changes to Fund Infrastructure

June 17, 2013

States Continue to Propose Tax Changes to Fund Infrastructure

The number of states considering tax changes to fund infrastructure continues to grow. In Illinois, the Transportation for Illinois Coalition is pushing legislation to replace the current 19-cents-a-gallon motor fuel tax with a 9.5 percent wholesale tax.

States Continue to Propose Tax Changes to Fund Infrastructure

June 10, 2013

States Continue to Propose Tax Changes to Fund Infrastructure

The number of states considering tax changes to fund infrastructure continues to grow.

FERC Declines to Delay TEPPCO Halt of ULSD Shipments

June 10, 2013

FERC Declines to Delay TEPPCO Halt of ULSD Shipments

The Federal Energy Regulatory Commission (FERC) has declined to intervene in Enterprise TEPPCO's decision to eliminate ULSD and jet fuel shipments in their pipeline effective July 1, 2013. In addition to NATSO and four other petroleum marketing associations, a wide range of interests participated in the protest, including airlines, trucking companies, associations, terminal operators and agricultural cooperative. Members of Congress and the Arkansas Attorney General also weighed in with the commission.

Bill Would Change How LNG is Taxed

June 5, 2013

Bill Would Change How LNG is Taxed

New bipartisan legislation in the U.S. Congress seeks to amend the Internal Revenue Code to change the way liquified natural gas is taxed, from a volume (gallon) to an energy content (diesel gallon equivalent) basis.

States Continue to Propose Tax Changes to Fund Infrastructure

June 3, 2013

States Continue to Propose Tax Changes to Fund Infrastructure

At least 18 state legislatures have either passed tax increases this year to fund infrastructure or are considering it.

EPA Proposes Adding Fuels Made From Landfill Biogas to Renewable Fuel Standard

June 3, 2013

EPA Proposes Adding Fuels Made From Landfill Biogas to Renewable Fuel Standard

A proposed U.S. EPA rule would greatly expand the number of advanced fuels that would be eligible to generate RINs. Responding to petitions from renewable fuel producers, EPA has proposed allowing renewable diesel, renewable naphtha, and renewable electricity (used in electric vehicles) produced from landfill gas to generate RINs under the federal renewable fuel standard. Also proposed to generate RINs are renewable compressed natural gas and liquefied natural gas produced from landfill biogas. To be eligible, the landfill biogas must produce 60 percent fewer greenhouse gas emissions over its lifecycle as compared to gasoline.

NATSO and Renewable Energy Group Team Up to Offer Biodiesel Webinar June 6

May 22, 2013

NATSO and Renewable Energy Group Team Up to Offer Biodiesel Webinar June 6

In February, attendees at The NATSO Show 2013 had the opportunity to attend a NATSO U educational session on making biodiesel profitable at your travel plaza. NATSO and Chairman's Circle member Renewable Energy Group are partnering to offer the presentation again on June 6! NATSO members only can register for this free webinar held Thursday, June 6 from 4:00 p.m. to 5:00 p.m. EDT.

Iowa Lawmakers Seek to Boost Fuel Tax

May 20, 2013

Iowa Lawmakers Seek to Boost Fuel Tax

Chair of the Iowa House Transportation Committee, Rep. Josh Byrnes, R-Osage, filed an amendment to a bill that would gradually increase the state fuel tax by 10 cents, though the measure awaits floor debate in the Iowa House.

Rep. Goodlatte Introduces Legislation to Eliminate RFS

May 13, 2013

Rep. Goodlatte Introduces Legislation to Eliminate RFS

As the House Energy and Commerce Committee reviews the Renewable Fuel Standard (RFS) for the first time in five years, Rep. Bob Goodlatte (R-Va.) has introduced several pieces of legislation aimed at eliminating all or part of the RFS.

EPA Launches Online Resource To Identify E-15 Compatible USTs

April 29, 2013

EPA Launches Online Resource To Identify E-15 Compatible USTs

The Environmental Protection Agency (EPA) last week launched a new online resource where it will house information for tank owners regarding the compatibility of underground storage tank system components with E-15.

States Seek to Change Motor Fuel Taxes to Increase Transportation Revenues

April 22, 2013

States Seek to Change Motor Fuel Taxes to Increase Transportation Revenues

The number of states seeking to generate transportation revenues by adjusting their state motor fuel taxes continues to grow, with lawmakers in Minnesota, Vermont and Pennsylvania marking the latest to introduce such legislation.

States Offer Tax Incentives to Encourage Alternative-Fuel Vehicles

April 22, 2013

States Offer Tax Incentives to Encourage Alternative-Fuel Vehicles

Several state legislatures recently offered tax incentives aimed at boosting usage of cars and trucks that run on alternative fuels.

NATSO Comments On EPA's Biodiesel RIN Quality Assurance Proposal

April 22, 2013

NATSO Comments On EPA's Biodiesel RIN Quality Assurance Proposal

NATSO filed comments last week in support of the Environmental Protection Agency’s (EPA) proposed biofuel Quality Assurance Program.

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.

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