There are several benefits associated with biodiesel, particularly for fuel retailers, and even single-store operators can benefit from adding the fuel. Most importantly, blending biodiesel can help bring down fuel costs.
11-18-2022
The Supreme Court declined on May 18 to consider a case that addressed whether the Environmental Protection Agency needs to consider every year whether to move downstream the requirement to buy RINs under the Renewable Fuel Standard.
05-19-2020 The U.S. Department of Agriculture launched an online portal to begin accepting applications for the Higher Blends Infrastructure Incentive Program (HBIIP) grants.
05-18-2020 The Internal Revenue Service reminded employers affected by COVID-19 about three important new credits available to them. They are the employee retention credit, paid sick leave and family credit.
05-07-2020 The U.S. Department of Agriculture plans to award up to $100 million in competitive grants to expand the sale and use of renewable fuels, including biodiesel. Under the Higher Blends Infrastructure Incentive Program, USDA will award $14 million to expand the infrastructure for higher blends of biodiesel and $86 million for higher blends of ethanol in an effort to increase the sale and use of higher blend renewable fuels.
05-06-2020 NATSO has learned that President Trump is likely to issue an Executive Order as early as today directing the Environmental Protection Agency (EPA) to shift compliance requirements under the Renewable Fuel Standard (RFS) downstream from the refinery to the terminal rack.
02-28-2017 In comments filed with the Environmental Protection Agency on February 22, NATSO urged EPA not to shift the compliance requirements downstream from the refinery to the terminal rack. Many merchant refiners have urged EPA to require wholesalers and retailers to purchase RINs under the RFS. NATSO has strongly opposed this effort.
02-23-2017 With Members of Congress back in their districts for the remainder of the year, it is clear that the biodiesel tax credit will not be extended before Jan. 1. Although […]
12-19-2016 The Environmental Protection Agency (EPA) announced Nov. 10 that it is proposing to deny recent requests to change the “point of obligation” under the Renewable Fuel Standard (RFS) from refiners and importers downstream to “position holders” at the rack, including many fuel marketers and blenders. The decision marks an important positive development for NATSO members. NATSO has spent more than a year educating EPA and the entire fuel marketing community on this issue and urging EPA to maintain the current point of of obligation.
11-14-2016