Fuels

Carbon taxes would destroy the delivered fuel business by intentionally making the products too expensive, leaders of state trade associations say. “It is probably the biggest issue that is going to face the heating oil and propane industries as well as the motor fuels industry, going forward,” said Jamie Py, president, and CEO of the Maine Energy Marketers Association, based ...

The Environmental Protection Agency (EPA) and the Trump Administration’s proposed renewable volume obligations under the Renewable Fuel Standard (RFS) will support continued growth in the advanced biofuels market, NATSO says. “We thank EPA and the entire administration for hearing and responding to the retail fuel industry’s concerns and proposing ambitious yet achievable renewable fuel obligations. If the United States can continue down ...

Regional, one-day seminars designed to educate fuel wholesalers, distributors, retailers, marketers, fleets, and municipalities on the benefits and opportunities of biodiesel are being held in various cities around the country. The first was in Boston, Mass., on June 12., and four more are scheduled. The sessions are designed to provide an understanding of biodiesel’s place in today’s liquid fuels supply ...

Renewable Energy Group, Inc. launched REG Ultra Clean Diesel at the Advanced Clean Transportation (ACT) Expo in Long Beach, California, on May 1. REG Ultra Clean Diesel, a low-emission diesel fuel, is a patent-pending fuel made of a proprietary blend of renewable diesel and biodiesel, the company said, adding that the fuel is approved by the California Air Resources Board ...

From a refiner’s perspective, a new downstream paradigm has emerged, analyst Paul Kuklinski writes in his latest report: Demand growth is exceptional. U.S. refiners continue to operate at seasonal record levels. Global throughput will also be at a record level of 81.8 MMBD in 2Q18, 1.5 MMBD higher than last year. Attractive margins are expected to continue in 2018 and ...

Political tension with Iran provided a recent boost to West Texas Intermediate (WTI) crude, helping to push it to $65/B, with a $5/B discount to Brent, writes analyst Paul Kuklinski. WTI increased 36% from $49/B in 4Q16 when the Organization of the Petroleum Exporting Countries (OPEC) announced its agreement with Russia and other non-OPEC producers to cut production to the ...

As the propane industry continues to evolve, so too do the solutions customers have access to. At the National Propane Gas Association Expo (NPGA), April 6-8 in Atlanta, wholesale propane equipment distributor Bergquist, Inc., is introducing the CFlexliner from Chicago Fittings at Booth 407. Chicago Fittings’ X-Riser is a product aimed at removing a minimum of two below-grade joints per riser when compared ...

The IRS has issued special one-time claim procedures (IRS Notice 2018-21) for payment of the $1 per gallon biodiesel blender credit, reports the New England Fuel Institute. The credit was reinstated by Congress retroactively for calendar year 2017 under the Bipartisan Budget Act of 2018. The blender credit was reauthorized retroactively for calendar year 2017 only, NEFI notes in the March 13 issue ...

Exporters from Argentina and Indonesia have sold biodiesel in the United States at less than fair value, the U.S. Department of Commerce said. Secretary of Commerce Wilbur Ross announced “affirmative final determinations” in antidumping duty (AD) investigations of imports of biodiesel from Argentina and Indonesia. The decision allows U.S. producers of biodiesel to receive relief from the “market-distorting effects of ...

On Tuesday, March 6, the Massachusetts Energy Marketers Association will host a webinar for the association and the state’s heating oil industry with the Massachusetts Department of Energy Resources (DOER) that will focus on explaining details of the recently enacted Alternative Energy Credits program under the Commonwealth’s Alternative Portfolio Standard (APS). The webinar will begin at 10 a.m. and will ...