US fuel retailers, biofuels groups ask Congress for short-term tax credit package

The US Congress should pass a short-term tax package before the end of 2024 to ensure energy and biofuel industry stability, 36 groups representing fuel retailers, energy marketers and biofuels producers said in a letter to US lawmakers sent late Nov. 13. The combination of uncertain and still-unissued guidance for Inflation Reduction Act provisions set to take effect in 2025…The US Congress should pass a short-term tax package before the end of 2024 to ensure energy and biofuel industry stability, 36 groups representing fuel retailers, energy marketers and biofuels producers said in a letter to US lawmakers sent late Nov. 13. The combination of uncertain and still-unissued guidance for Inflation Reduction Act provisions set to take effect in 2025…Read More