Topics: Valero

Supreme Court Declines to Hear Case Challenging RFS Point of Obligation

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. More

USDA Accepting Applications for Matching Grants Under Higher Blends Infrastructure Investment Program

The U.S. Department of Agriculture launched an online portal to begin accepting applications for the Higher Blends Infrastructure Incentive Program (HBIIP) grants. More

Three New Tax Credits Available to Many Businesses Hit by COVID-19

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. More

NATSO Analysis: USDA Grants for Renewable Fuel Infrastructure

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.  More

President Trump Expected to Issue Executive Order Shifting RFS Compliance Obligation Downstream

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. More

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