Earlier this week, the Commodity Futures Trading Commission (CFTC) voted 3-2 to publish a final rule imposing speculative position limits for oil futures contracts and certain
ATA Files Comments with CFTC on Excessive Speculation
On August 11, ATA filed comments with the Environmental Protection Agency on the proposed biomass-based diesel blending requirements for 2012 and 2013 under the federal Renewable Fuel Standard. EPA sought comments on its proposal to require 1 billion gall
EPA has proposed raising the biomass-based diesel blending requirement to 1 billion gallons in 2012 under the federal Renewable Fuel Standard (RFS2). The current blend requirement for 2011 is 800 million gallons. The 2012 target is in line
June 1, 2011 - Speaking at a media event in Lincoln, Nebraska, ATA Vice President Rich Moskowitz outlined the importance of building the Keystone XL pipeline to help carry petroleum from Montana, North Dakota and Calgary to U.S. refineries in Houston.
On May 26, Iowa enacted new biodiesel blending and production tax credits. Beginning in 2012, fuel retailers can claim a 2 cent per gallon tax credit for biodiesel blended at a 2% rate (B2) and a 4.5 cents per gallon credit for a 5% biodiesel blend (B5).
On May 2, ATA joined the Commodity Markets Oversight Coalition on a letter to oppose a bill (H.R. 1573) that would delay the implementation of commodity trading reforms required under Title VII of the Dodd-Frank Wall Street Reform law passed last year.
Earlier today, ATA President and CEO Bill Graves testified, before the House Natural Resources Committee about the impact of the recent spike in diesel prices on the trucking industry and pushed Congress to do more to alleviate higher prices.
American Trucking Associations President and CEO Bill Graves told members of the House Natural Resources Committee that policymakers need to step up and ensure that the trucking industry has access to affordable diesel fuel.
On March 28, ATA filed comments with the Commodity Futures Trading Commission (CFTC) supporting the establishment of position limits for energy commodities.