On Tuesday, the National Association of Convenience Stores (NACS) and the Society of Independent Gasoline Marketers of America (SIGMA) noted that current fueling locations -- such as the more than 153,000 U.S. convenience stores -- represent the "most logical option" for locating alternative fuel infrastructure.
(Source: Senate Committee on Environment and Public Works, RigZone, 30 July, 2019) Contact: Senate Committee on Environment and Public Works, www.epw.senate.gov
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The letter said the "biodiesel blenders' tax credit has worked successfully to build a robust biodiesel and renewable diesel industry that produced twice the volumes mandated under the Renewable Fuel Standard (RFS). Supporters of the blenders' tax credit are concerned that changing the tax credit to a producer only benefit will limit supply and lead to increase the cost of diesel fuel and heating oil."
The biodiesel blenders' tax credit expired at the end of 2016. Previously, Congress has extended the credit year-by-year as part of a "tax extenders" package, and in some years applied it retroactively, as was the case for 2016. While unlikely that this or any other tax extenders will be included in the House tax package to be released this week, the Senate may consider including the biodiesel tax credit in its tax package. However, some senators representing U.S. biodiesel producers are working to change the tax credit from a blenders' credit to a producers' credit. (Source: NACS, 2 Nov., 2017)Contact: NATSO, Lisa Mullings, Pres., CEO, David Fialkov, VP Gov. Affairs, (703) 549-2100, ; NACS, www.nacsonline.com; Advanced Biofuels Association, Michael McAdams, Pres., www.advancedbiofuelsassociation.com
More Low-Carbon Energy News Biodiesel Tax Credit, Advanced Biofuels Association, NACS,
The video is intended to dispel the widespread confusion created within the marketplace by a handful of merchant refiners and investors who have petitioned the EPA to shift the compliance requirements. Doing so would undercut RFS efforts to sustain the use of renewable fuels in gasoline and diesel fuel, according to the video.
NACS, NATSO, SIGMA and a coalition of more than 35 organizations and companies representing the entire fuel supply chain, from refiners to retailers to renewable fuels groups, oppose shifting the compliance responsibility on the grounds that it would create disruption in the marketplace and ultimately raise prices at the pump.
(Source: NACS, 23 May, 2017) Contact: NATSO, Lisa Mullings, Pres., CEO, David Fialkov, VP Gov. Affairs, (703) 549-2100, www.natso.com; NACS, www.nacsonline.com; SIGMA, www.sigma.org;
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Retailing E85: An Analysis of Market Performance -- July 2014 - August 2015, a newly released Fuels Institute report utilized daily sales data from 20 pct of the all U.S. E85 retailers to provide an analysis of E85 retail sales prices and volumes with unleaded sales over a 13-month period. The report, Retailing E85: An Analysis of Market Performance -- July 2014 - August 2015 is a follow-up to the E85 retail performance analysis published by the Institute in 2014.
The Fuels Institute was founded in 2013 by the Association for Convenience & Fuel Retailing (NACS) which, through recurring financial contributions and daily operational support, helps the Fuels Institute to invest in and carry out its work to foster collaboration among the various stakeholders with interests in the transportation energy market and to promote a comprehensive and objective evaluation of issues affecting that market and its customers, both today and in the future.
Access the Retailing E85: An Analysis of Market Performance -- July 2014 - August 2015 report
(Source: NACS, 28 Mar., 2017) Contact: Fuels Institute, www.fuelsinstitute.org;
Association for Convenience & Fuel Retailing, www.nacsonline.com
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