Topics: Biodiesel Tax Credit

What the Biodiesel Tax Credit Means for Truckstops

What the Biodiesel Tax Credit Means for Truckstops

You’re probably aware that the biodiesel tax credit (BTC) is worth $1 per gallon and helps lower the cost of biodiesel. You may also know that it was recently reinstated — retroactively for 2018 and 2019, and also through 2022. But how exactly does that benefit truckstops? More

Why Biodiesel Blends Make Sense for Your Operations

Why Biodiesel Blends Make Sense for Your Operations

Electric vehicles may be the shiny new object, but speakers at the National Biodiesel Conference & Expo in January confirmed that the diesel engine will continue dominating the market for a long time. John Eichberger, Executive Director of the Fuels Institute, illustrated this point with federal data: 77% of all distillate energy is used by the over-the-road freight market. A 14% increase in registered diesel vehicles is expected by 2035 — including more passenger models. Diesel vehicle miles traveled are projected to increase 23% by 2035. More

IRS Issues Guidance Information and Revised Forms for Biodiesel Tax Credit Claims

IRS Issues Guidance Information and Revised Forms for Biodiesel Tax Credit Claims

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NATSO’s Jeff Hove Discusses Biofuels on Convenience Matters

NATSO’s Jeff Hove Discusses Biofuels on Convenience Matters

Jeff Hove, vice president of NATSO’s Alternative Fuels Council, recently shared his industry insight on the alternative fuels market on the podcast Convenience Matters. More

How Can My Travel Center Take Advantage of the Biodiesel Tax Credit?

How Can My Travel Center Take Advantage of the Biodiesel Tax Credit?

In late December, President Trump signed legislation that retroactively renewed the $1-per-gallon biodiesel tax credit and extended it through 2022. It marked an enormous victory for not only the travel center industry, but also for the environment and America's truck drivers and consumers. Importantly, it allows diesel retailers to receive significant profits from blending bio into their diesel. Let’s take a look at what this means from an individual truckstop or travel plaza owner operator’s perspective. More

NATSO Applauds President and Congress for Renewing the Biodiesel Blenders Tax Credit

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Final Spending Package Heads to President, Includes Biodiesel Tax Credit

The Senate on Dec. 19 passed the $1.4 trillion domestic spending bill that included a provision to retroactively renew the $1 per-gallon biodiesel tax credit and extend it through 2022.  More

House Votes in Favor of Spending Package, Includes Biodiesel Tax Credit

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NATSO CEO Urges Lawmakers to Renew Biodiesel Tax Credit

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Democratic Caucus Urges Extension of the Biodiesel Tax Credit

Congresswoman Abby Finkenauer (D-Iowa) and Congresswoman Kendra Horn (D-Okla.) on Nov. 6 led a Democratic caucus letter to House leadership urging action to extend the biodiesel tax credit. More

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