Energy Marketers of America Weekly Review - October 25, 2024
Energy Marketers of America Weekly Review - October 25, 2024
New EMA Member Service Benefit: You Need Drivers. EMA Can Help
The Energy Marketers of America has partnered with the National Propane Gas Association (NPGA) to provide a new member benefit to help your company get drivers on the road. The ACE (Administrative Compliance Experts) Services Program guides individuals through the Entry Level Driver Training (ELDT) requirements set by the Federal Motor Carrier Safety Administration (FMCSA).
What does ACE do?
Serving as the FMCSA Registered Training Provider, ACE handles:
- FMCSA paperwork and filings
- FMCS audits
- Training materials and training equipment guidance to meet FMCSA requirements
ACE will save you thousands of dollars – up to $3,000 per driver – AND help you cut through all the red tape.
To begin enrollment, please click HERE and when prompted, enter the Energy Marketers of America as your ACE Network Partner.
Learn more about how ACE works, how much it costs, and how you can enroll your company by viewing EMA’s webinar from October 24.
Click Here to View the October 24th ACE Webinar |
Please contact ACE at 202-466-7203 or eldt@npga.org if you have any questions.
“Our company has had many drivers go through the program… ACE keeps all of the records for you and allows you to keep it in house. Simple, easy, cost effective. An absolute unbelievable program. To me, signing up for ELDT and utilizing the ACE program is a no-brainer” – Damon Gibson, CHS
On-Demand Webinar: Beneficial Ownership Reporting for Energy Marketers
The January 1, 2025 deadline for BOI report filings is rapidly approaching. To assist you in staying compliant and avoiding penalties, the Energy Marketers of America recently hosted a highly informative webinar, “The BOI Reporting Deadline is Approaching: What Energy Marketers Need to Know to Stay Compliant,” in collaboration with Wolters Kluwer on September 10th. Thanks to all who joined us live!
In this webinar, we covered the types of entities affected by the BOI requirements, emphasized the urgency of meeting the federal deadline, and provided an overview of the BizFilings BOI reporting solution. We also included a step-by-step demonstration of the tool to guide you in filing your BOI reports on time and maintaining compliance with this federal regulation.
For those who were unable to attend, we’re pleased to provide you with the recording. Access these resources at your convenience to stay informed and prepared.
CLICK HERE to access the on-demand webinar.
Next Steps:
- Need to figure out if your business is impacted by BOI? Take the quiz.
- Ready to file? Click here to file now and use EMA12 for 12% off your filing.
Avoid penalties and fines - get organized, save time, and file your BOI report today.
Member Services Benefit with RINAlliance
Are you taking advantage of the Renewable Fuel Standard?
In 2024, the Energy Marketers of America announced an exclusive member service agreement with RINAlliance, so that every fuel marketer has an opportunity to leverage the Renewable Fuel Standard (RFS).
Whether a fuel marketer is determining whether to blend and take renewable fuel with RINs, or whether they are a current RFS participant looking to improve RIN management, RINAlliance can help with strategies, tools and expert support.
Schedule your consultation today to learn more by visiting www.rinalliance.com/contact. Be sure to tell them you heard about RINAlliance through EMA or one of its Federation members.
CLICK HERE FOR MORE INFORMATION AND TO SCHEDULE A CONSULTATION WITH RINAlliance |
Urge Congress to Extend the Biodiesel Blender’s Tax Credit
Recently, Representatives Mike Carey (R-OH), Claudia Tenney (R-NY), Annie Kuster (D-NH) and Mariannette Miller-Meeks (R-IA) introduced the “Biodiesel Tax Credit Extension Act of 2024,” (H.R. 9060), which aims to extend the $1 per gallon biodiesel blender’s tax credit through 2025. Extending the biodiesel blender’s tax credit is important to energy marketers in order to sell a growing portfolio of affordable, efficient, and environmentally friendly liquid fuels that are helping to reduce emissions while propelling Americans forward and lowering heating fuel costs.
Since 2004, the $1 per gallon biodiesel blender's credit has worked successfully to build a strong incentive for downstream energy marketers to blend renewable fuel into the fuel supply which has lowered prices for motorists and heating fuels for consumers. As a result, the U.S. biodiesel and renewable diesel market has grown from roughly 100 million gallons in 2005 to 4 billion gallons today.
Unfortunately, the Inflation Reduction Act (IRA), which was signed into law in 2022, replaced the biodiesel blender’s tax credit with a new 45Z Clean Fuel Production Credit (CFPC) based on carbon intensity scores. Ethanol, biodiesel, renewable diesel and sustainable aviation fuel (SAF) will all be eligible for the new production tax credit, however, the Department of the Treasury has yet to publish CFPC guidance. Therefore, it is important that Congress acts soon to extend the biodiesel blender’s tax credit to give impacted industries market certainty for at least another year. Depending on the outcome of the November elections, a GOP controlled Congress could reevaluate much of the IRA’s tax credits so stay tuned.
- Heating fuels marketers -- click here to write Congress to extend the Biodiesel Blender’s Tax Credit.
- Motor fuels marketers -- click here to write Congress to extend the Biodiesel Blender’s Tax Credit.
Visa Wanted a Vast Empire. First, It Had to Beat Back Its Foes
FDA Seizes $76 Million in Illegal E-Cigarettes
Reuters Events-California expects EPA to approve 2035 zero emission vehicle plan | Reuters
JP Morgan Analysts Don't See a Peak in Oil Demand Through 2035 | Rigzone
Moody's Says Cybersecurity a High Priority for Oil, Gas | Rigzone
EMA Platinum Partner Spotlight Featuring: Meridian Associates, Inc.
The Cash Target Game by Betsi Bixby
Do your strategic goals include cash targets? Companies often set profit targets but forget that it’s cash that pays the bills!
There are many reasons why cash targets are overlooked in strategic plans. Often, the people involved in the strategic planning process are not knowledgeable about cash flow. Many astute businesspeople erroneously think that cash is just a by-product of the business cycle. They don’t see cash as “controllable.”
Click here to read this article in its entirety.
To learn more about EMA’s Corporate Platinum Partner, Meridian Associates, please visit or contact them at 817-594-0546.
EMA Member Services Spotlight Featuring: Airgas Through National Purchasing Partners
Access Exclusive Savings on a Wide Variety of Safety Equipment and Welding Products
EMA members get top-tier pricing on Airgas industrial gases, welding supplies and safety equipment through NPP. Cut your costs with NPP’s diverse catalog of B2B discounts, as well as lifestyle deals you can share with your employees.
Make Airgas your single source supplier for pH control solutions, process chemicals and more. There are more than 1,100 Airgas locations nationwide for comprehensive logistical support and expertise. Airgas EPA protocols are prepared and analyzed in strict accordance with the most current guidelines.
NPP is a member benefit provider of Energy Marketers of America offering members savings on products and services you use every day.
Visit to sign up for free with NPP. There is no obligation to purchase.
Restrictions may apply.