U.S. natural-gas production will accelerate over the next three decades and provide a growing source of moderately priced natural gas through 2040, according to an extensive study performed by the University of Texas that examined 15,000 wells in northern Texas.
03-04-2013 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.
02-18-2013 In his State of the Union address, President Obama touched on several issues important to truckstop and travel plaza operators, including highway funding, alternative fuels and the minimum wage.
02-18-2013 The Internal Revenue Service has issued guidance on how to claim biofuel tax incentives that were retroactively reinstated by Congress through 2012.
02-11-2013 The National Governors Association will make the increased use of natural gas a priority in 2013, said Oklahoma Governor Mary Fallin, the vice chair of the group.
01-14-2013 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.
01-02-2013 If there was ever a year when NATSO was challenged on all of its major issues, it was 2012. NATSO’s top issues–rest area commercialization, tolling and credit card swipe fees–were all in play throughout the year, with a big test early in the year on the rest area commercialization issue. And though we passed the test, there is always more to be done. But NATSO moves into 2013 with optimism and momentum in a positive direction, committed to continue protecting the interests of Interstate-based businesses.
12-24-2012 The NATSO Show will include a session on how to make biodiesel profitable at your travel plaza.
12-17-2012 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.
12-03-2012 EPA released a draft proposal last week designed to ensure that RINs are authentic.
11-05-2012 According to a new report released by the Energy Information Administration (EIA), ethanol’s market growth could be limited in coming years as the fuel approaches the maximum percentage blending cap set by the RFS2.
10-22-2012