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Refiners in the U.S. are contemplating a claim that the
addition of butane to gasoline qualifies for a US$0.50 per-gallon
tax credit. The liquefied petroleum gas was defined as an
alternative fuel under a now-expired 2008 law aimed at promoting
cleaner fuels and, according to two attorneys as quoted by
Bloomberg, refiners are still entitled to their tax credit under
that law. Butane is used as additive to gasoline during the winter
months to comply with government regulation about pollution-causing
emissions. The Internal Revenue System considers…
addition of butane to gasoline qualifies for a US$0.50 per-gallon
tax credit. The liquefied petroleum gas was defined as an
alternative fuel under a now-expired 2008 law aimed at promoting
cleaner fuels and, according to two attorneys as quoted by
Bloomberg, refiners are still entitled to their tax credit under
that law. Butane is used as additive to gasoline during the winter
months to comply with government regulation about pollution-causing
emissions. The Internal Revenue System considers…
Refiners in the U.S. are contemplating a claim that the
addition of butane to gasoline qualifies for a US$0.50 per-gallon
tax credit. The liquefied petroleum gas was defined as an
alternative fuel under a now-expired 2008 law aimed at promoting
cleaner fuels and, according to two attorneys as quoted by
Bloomberg, refiners are still entitled to their tax credit under
that law. Butane is used as additive to gasoline during the winter
months to comply with government regulation about pollution-causing
emissions. The Internal Revenue System considers…
addition of butane to gasoline qualifies for a US$0.50 per-gallon
tax credit. The liquefied petroleum gas was defined as an
alternative fuel under a now-expired 2008 law aimed at promoting
cleaner fuels and, according to two attorneys as quoted by
Bloomberg, refiners are still entitled to their tax credit under
that law. Butane is used as additive to gasoline during the winter
months to comply with government regulation about pollution-causing
emissions. The Internal Revenue System considers…