The Green New Deal Has Arrived in Connecticut
The “Green New Deal” has arrived in Connecticut! As we suspected, the bill proposes to end our industry and transition our workforce to yet to be developed green jobs. This is the most overt and specific attack on our industry that I have seen in the two decades I...
2020 Federal Motor Fuel Excise Tax Rates
The federal Oil Spill Liability Tax (OSLT) that expired on December 31, 2018 has been reauthorized prospectively (not retroactively) beginning January 1, 2020. Refiners are the only parties in the petroleum distribution chain liable for the OSLT. The OSLT rate is...
New Laws Effective 1/1/2020
There’s no more sales tax exemption on safety equipment. We reported on this when it passed but there’s nothing marketers actually need to do since the tax will be applied automatically by suppliers on purchases of these products. Also gone is the $250...
2019 Heating Degree Days
The numbers are in for 2019. Monthly HDDs are shown below for each month of 2019, with totals for the 20-year average and for 2018 also shown. 2019 was warmer than normal by 162 degree days, but was actually slightly cooler than the year before, by just 14 HDDs. The...