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CEMA
Every year on July 1, the CT Department of Revenue Services adjusts the diesel excise tax (aka motor fuels tax on diesel) based on the prior year's price of diesel. The tax has gone up, down or stayed the same in prior years. This year the price will increase by 2.2 cents/gall, from the current 41.7 cents/gall to 43.9 cents/gall, effective July 1.
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CEMA
On July 1, Connecticut and most of the region will transition to ultra-low sulfur home heating oil. This change limits the sulfur content of heating oil to a maximum of 15ppm. The Connecticut Department of Energy and Environmental Protection (DEEP) had notified CEMA earlier in the spring that they will exercise their authority to allow for any product with a maximum sulfur content of 500ppm to be transported, stored and combusted after the deadline as long as it was in storage prior to July 1.
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CEMA
With the transition to ultra-low sulfur heating oil on July 1, it also means you need to change your delivery ticket language, and other so-called product transfer documents like shipping papers. Information courtesy of Mark Morgan, attorney for PMAA and NEFI. First, there are a few important facts to know about EPA and U.S. DOT language requirements that will aid in the review of product transfer documents (PTDs) and delivery tickets.
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CEMA
Offerors and transporters of placardable amounts of hazardous materials are required to file an annual registration statement with the U.S. Department of Transportation and to pay a fee (see Title 49 CFR Part 107, Subpart G (107.601 - 107.620). The fee provides funds for grants distributed to states for hazardous materials emergency response planning and training.
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CEMA
Are delivery drivers required to wear high-visibility safety clothing?
Answer: "Yes, but . . ." This issue falls under the jurisdiction of the Federal Highway Administration (FHA) as described in the Federal Code here. This regulation says the following in part.
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CEMA
Rhode Island is instituting a new highway toll system just for tractor trailers. Details can be found on the RI DOT website. A summary follows. The tolls only apply to tractor trailers, not for straight trucks typically used for heating oil deliveries. But it would include tanker trucks.
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CEMA
National Grid is a utility in NY, MA and RI. They recently published a self-serving paper that presents their integrated blueprint for New York and New England to reduce greenhouse gas emissions deeply below 1990 levels by electrifying the entire economy of this region. Their approach combines several mutually reinforcing strategies.
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The Wall Street Journal via CEMA
Lawyers for five major oil companies asked a federal judge last week to dismiss a lawsuit filed by New York City, arguing they shouldn't be held responsible for damages the city says are caused by climate change. In January, the administration of Mayor Bill de Blasio, a Democrat, sued five companies — Chevron, BP, ConocoPhillips, Royal Dutch Shell and ExxonMobil — arguing they knowingly produced fossil fuels that hurt the environment and misled the public about potential risks.
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The Wall Street Journal via CEMA
As several cities continue their suit against oil companies, The People of the State of California v. BP, Judge William Alsup has boiled the case down to its pivotal question. In March he ordered the legal counsels of both parties to help him weigh "the large benefits that have flowed from the use of fossil fuels" against the possibility that such fuels may be causing global warming.
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The Connecticut Post
Ned Lamont, the Democrats' endorsed candidate for governor, has been pitching the idea of highway tolls — but only for trucks — as a way to raise the kind of revenue that could help pull Connecticut out of its budgetary death spiral. The state of Rhode Island recently instituted just such a trucks-only tolling program on Interstate-95.
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The Day
Rhode Island has moved forward with truck-only tolls, and there's some concern regarding the effects of this decision on truck drivers and the trucking industry in Connecticut. "We have to remember, trucking is interstate commerce, so you have truck drivers and trucking companies from all over the country that come here," said Joseph Sculley, president of the Motor Transport Association of Connecticut.
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The Connecticut Post
When is a $600 million state business tax not a tax? When it's a workaround for a misguided federal income tax change that punishes Connecticut residents by limiting deductions for state and local taxes. That's what we're looking at with the newly enacted state profits tax on partnerships and type-S corporations.
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The CT Mirror
The State Elections Enforcement Commission approved public financing grants Wednesday for Republicans Mark Boughton and Timothy Herbst, two of the three gubernatorial candidates participating in the voluntary Citizens' Election Program in 2018. The third, Steve Obsitnik, will have to try again next week for a fifth time.
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Bloomberg
When OPEC meets on Friday in Vienna to discuss a possible output hike in the second half of the year, there's likely to be a significant gap between the headline numbers under discussion and the amount of oil that can actually be added to the market.
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