NATSO Statement on the U.S. International Trade Commission's Imposition of Duties on Biodiesel Imports from Argentina and Indonesia

NATSO, the trade association representing truckstops and travel plazas, issued the following statement Dec. 5 in response to the U.S. International Trade Commission's imposition of duties on biodiesel imports from Argentina and Indonesia. The statement can be attributed to NATSO Vice President of Government Affairs David Fialkov. 

“This is a disappointing outcome for consumers. Fuel marketers throughout the country have successfully incorporated biodiesel into their fuel supply to lower the price that consumers pay for fuel. Today's decision inhibits their ability to do that. Biodiesel prices throughout the country will rise, as will the price truck drivers pay for diesel fuel.  Biodiesel consumption in the United States will diminish, as EPA recently recognized when it finalized renewable fuel mandates under the Renewable Fuel Standard (RFS) without anticipating any growth in the industry.  NATSO looks forward to working with all interested parties toward pursuing policies that will lower fuel prices for consumers -- most immediately, this means Congress should extend and phase out the biodiesel blenders' tax credit.”