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IRS Issues Special One-Time Claim Procedures for Retroactive Tax Credits

The IRS has issued special one-time claim procedures — IRS Notice 2018-21 — for payment of the $1.00-per-gallon biodiesel blender credit, and the $0.50-per gallon alternative fuel credit and alternative fuel mixture credit. Congress retroactively reinstat…
The IRS has issued special one-time claim procedures — IRS Notice 2018-21 — for payment of the $1.00-per-gallon biodiesel blender credit, and the $0.50-per gallon alternative fuel… https://oilandenergyonline.com/articles/all/irs-issues-special-one-time-claim-procedures-retroactive-tax-credits/

Biodiesel Tax Credit Welcomed, But Uncertainty Lingers

In the early morning hours of Friday, February 9, Congress approved a $320 billion, two-year budget deal that funds the government through March 23. The bill included short-term extensions to certain business and individual tax provisions, or “tax exte…
In the early morning hours of Friday, February 9, Congress approved a $320 billion, two-year budget deal that funds the government through March 23. The bill included… https://oilandenergyonline.com/articles/all/biodiesel-tax-credit-welcomed-uncertainty-lingers/

Tariffs Stymie Biodiesel Imports

Domestic Producers Look to Fill Gaps in Supply Chain
Domestic Producers Look to Fill Gaps in Supply Chain It doesn’t take special glasses to see a correlation between the imposition of tariffs on Argentinian biodiesel imported into… https://oilandenergyonline.com/articles/all/tariffs-stymie-biodiesel-imports/

Massachusetts Looks Ahead to APS Rollout

By this time next year (or maybe sooner), Massachusetts retailers selling bio-blended heating oil could potentially be collecting financial incentives as high as 65 cents per gallon of biodiesel delivered to their customers. To get to the “why” and “how” …
By this time next year (or maybe sooner), Massachusetts retailers selling bio-blended heating oil could potentially be collecting financial incentives as high as 65 cents per… https://oilandenergyonline.com/articles/all/massachusetts-looks-ahead-aps-rollout/

NY Governor Signs Downstate B5 Law

With more than 1.8 million oil-heated homes, New York has the largest heating oil market of any state in the country. Consisting of Westchester County, New York City, Nassau County, and Suffolk County, the downstate region alone contains more than 1.3 mil…
Legislation takes effect July 1, 2018 With more than 1.8 million oil-heated homes, New York has the largest heating oil market of any state in the country. Consisting of… https://oilandenergyonline.com/articles/all/ny-governor-signs-downstate-b5-law/

DOE Publishes Guidelines for Biodiesel Blending

The U.S. Department of Energy recently published the Fifth Edition of the Biodiesel Handling and Use Guide. This information is excerpted from the manual’s section on biodiesel blending.
The U.S. Department of Energy recently published the Fifth Edition of the Biodiesel Handling and Use Guide. The following information is excerpted from the manual’s section on… https://oilandenergyonline.com/articles/all/doe-publishes-guidelines-biodiesel-blending/

One Step Closer

Legislation introduced in the New York State Senate and Assembly would require that “on and after July 1, 2018, all heating oil sold for use in any building within the counties of Nassau, Suffolk and Westchester shall be bioheating fuel that contains at l…
Legislation introduced by New York State Senator Phil Boyle and New York State Assemblyman Steve Englebright, which would require that “on and after July 1, 2018, all heating oil… https://oilandenergyonline.com/articles/all/one-step-closer/

Sulfur & Bioheat Requirements Chart

This chart, updated annually by NEFI Director of Legislative Affairs Jim Collura, lists sulfur limits and biofuel-blending requirements for each state in the Northeast and Mid-Atlantic regions.
This chart, updated annually by NEFI Director of Legislative Affairs Jim Collura, lists sulfur limits and biofuel-blending requirements for each state in the Northeast and… https://oilandenergyonline.com/articles/all/sulfur-bioheat-requirements-chart/

Is New York City’s B5 Standard Becoming THE Standard?

A uniform biodiesel-blending standard could be coming to the New York Metro Area by July 2018. On March 27, 2017, New York State Senator Phil Boyle (R, C, I – Bay Shore) introduced Senate Bill S5422. If signed into law, it would require that “On and after…
A uniform biodiesel-blending standard could be coming to the New York Metro Area by July 2018. On March 27, 2017, New York State Senator Phil Boyle (R, C, I – Bay Shore)… https://oilandenergyonline.com/articles/all/new-york-citys-b5-standard-becoming-standard/

GAO Criticizes Renewable Fuel Standard

The U.S. Government Accountability Office (GAO) recently released two reports on the federal Renewable Fuel Standard (RFS) that raised concerns about the program’s performance. The RFS is important to the heating oil industry because it provides financial…
The U.S. Government Accountability Office (GAO) recently released two reports on the federal Renewable Fuel Standard (RFS) that raised concerns about the program’s performance.… https://oilandenergyonline.com/articles/all/gao-criticizes-renewable-fuel-standard/

NYC Will Move to B5 Next Year and Then to B20

New York City is increasing the biodiesel blend rate in Bioheat® Fuel to B20 as an integral part of its aggressive greenhouse gas reduction strategy.
New York City is increasing the biodiesel blend rate in Bioheat® Fuel as an integral part of its aggressive greenhouse gas reduction strategy. The New York City Council last… https://oilandenergyonline.com/articles/all/nyc-will-move-b5-next-year-and-then-b20/

Study Indicates Carbon Benefits of Biodiesel Are Increasing

Biomass-based fuels present a tremendous opportunity to transition toward a more sustainable mix of renewable energy. This was a key theme of an alternative fuels workshop hosted recently by the U.S. Department of Energy (DOE) in Macon, GA. The workshop e…
Biomass-based fuels present a tremendous opportunity to transition toward a more sustainable mix of renewable energy. This was a key theme of an alternative fuels workshop hosted… https://oilandenergyonline.com/articles/all/study-indicates-carbon-benefits-biodiesel-are-increasing/

REG Energy Services Brings Biodiesel Downstream

Renewable Energy Group, Inc., the nation's largest producer of biodiesel, is building a presence in the Northeast, where the majority of the nation’s heating oil is sold.
The nation’s largest producer of biodiesel is increasing its presence downstream and working to popularize biodiesel blending. Renewable Energy Group, Inc. (REG) is a publicly… https://oilandenergyonline.com/articles/all/reg-energy-services-brings-biodiesel-downstream/

More Bioheat Is Good for New York City

New York City has transitioned to a new grade of clean-burning heating oil in recent years, and is looing to increase the rate of biodiesel blending to reduce emissions even further. The New York Oil Heating Association (NYOHA) is spreading the word to fi…
New York City has transitioned to a new grade of clean-burning heating oil in recent years, and is looing to increase the rate of biodiesel blending to reduce emissions even… https://oilandenergyonline.com/articles/all/more-bioheat-good-new-york-city/

Biodiesel Blend Margins – The Art and The Science

The distribution of biodiesel-blended fuel has grown dramatically over the past 15 years in the heating oil sector. There are important, positive attributes of biodiesel-blended fuels such as reduced toxic emissions; a cleaner and better performing fuel; …
EDITOR’S NOTE: The views and opinions expressed in this article are those of the author and do not necessarily reflect the policy or position of New England Fuel Institute.  … https://oilandenergyonline.com/articles/all/biodiesel-blend-margins-art-and-science/

Biodiesel Industry Is Buoyant About 2016

It was only 23 years ago that a University of Missouri researcher first powered a pickup truck on oil squeezed from soybeans, and the National Soy Diesel Development Board, today known as the National Biodiesel Board (NBB), was formed with seven members f…
It was only 23 years ago that a University of Missouri researcher first powered a pickup truck on oil squeezed from soybeans, and the National Soy Diesel Development Board, today… https://oilandenergyonline.com/articles/all/biodiesel-industry-buoyant-about-2016/

Biodiesel 2016 – Strength & Certainty

In 2015, the U.S. biodiesel market showed itself to be as unpredictable as we have seen in several years. Even with its unpredictability, the net effect was an industry that was aggressively determined and tenacious as ever, navigating the uncertainties o…
In 2015, the U.S. biodiesel market showed itself to be as unpredictable as we have seen in several years. Even with its unpredictability, the net effect was an industry that was… https://oilandenergyonline.com/articles/all/biodiesel-2016-strength-certainty/

Clinton Gets It Wrong on Heating Oil

Democratic Presidential candidate Hillary Clinton is pledging to use government grants to move heating oil customers to other fuels. The former U.S. Senator and Secretary of State is floating an energy policy plan that she says will create jobs, reduce p…
Democratic Presidential candidate Hillary Clinton is pledging to use government grants to move heating oil customers to other fuels. The former U.S. Senator and Secretary of… https://oilandenergyonline.com/articles/all/clinton-gets-it-wrong-heating-oil/

REG Rings the Opening Bell at NASDAQ

On January 15, REG headed back to New York City’s Times Square to ring the NASDAQ Stock Exchange’s opening bell. This was the third time that REG has rung in the start of a trading day. The first time was in 2012 when REG became a publicly traded company.…
On January 15, REG headed back to New York City’s Times Square to ring the NASDAQ Stock Exchange’s opening bell. This was the third time that REG has rung in the start of a… https://oilandenergyonline.com/articles/all/reg-rings-opening-bell-nasdaq/

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