The Energy Tax Incentives Act of 2005 reinstated the Oil Spill Liability Trust Fund tax effective April 1, 2006. In general, the 5-cent-per-barrel tax ($0.0012 cents per gallon) will be levied on domestic crude oil received at United States refineries and petroleum products imported into the United States for consumption, use or warehousing.
The "Oil Spill Tax" funds are used to defray costs of oil spills and other petroleum-related environmental clean-ups. This tax is paid by refiners and importers and can be passed on to the consumers of such products.
Some refiners are billing the tax as a "separate line item" and not including the fee in their posted price, while other refiners have chosen to include the fee as part of the posted price.
The line item fee is $0.0012 cents for clear gasoline and diesel fuel. The rate will vary slightly for products blended with ethanol and bio-diesel depending on the blending percentage.
DTN is working to provide the OSLTF information to our FastRacks customers in a format that is acceptable to the user. We will offer our price reports in three ways:
- no modification to the prices at all
- prices with the OSLTF added to the suppliers that bill as a separate line item
- prices with the OSLTF removed from the suppliers that include the fee in their posting
We will provide a list of how different suppliers will be reflecting the tax. We strive to make this information as accurate as possible however refiners reserve the right to change their status at any time.
| AFFECTED PRODUCTS: |
| Gasoline and Diesel |
$0.0012 per gallon |
| BIO blended diesel 2% |
$0.00117 per gallon |
| BIO blended diesel 5% |
$0.00113 per gallon |
| BIO blended diesel 10% |
$0.00107 per gallon |
| BIO blended diesel 11% |
$0.00106 per gallon |
| BIO blended diesel 20% |
$0.00095 per gallon |
| 10% Ethanol blended Gas |
$0.00107 per gallon |
8%, 7.8% and 7.7% Ethanol blended Gas
|
$0.0011 per gallon |
| 5.7% Ethanol blended Gas |
$0.00112 per gallon |
| Flexible Fuel Eth 85% |
$0.00018 per gallon |
| Flexible Fuel Eth 80% |
$0.00024 per gallon |
| Flexible Fuel Eth 75% |
$0.0003 per gallon |
| Flexible Fuel Eth 70% |
$0.00036 per gallon |
| Jet Fuel |
$0.0012 per gallon |
SUPPLIER OSLTF STATUS
As of January 30, 2008 |
The following Suppliers are including the OSLTF in their posted price: |
Apex Oil
Calumet
Center
Citgo
Delphi
Exxon
Farm & Home
Flint Hills
Gary Williams
Growmark
|
HWRT
Hartland
JD Street
McCall
Mobil
Murphy Oil
Mystik
NOCO
Parker Oil
|
Petrocom
Phillips
RKA
SemFuel
Sinclair
Southern States
Suncor
US Oil (WI) |
The following Suppliers are billing the OSLTF as a separate line item: |
Bayside
Big West
BP Oil
Cenex
Chevron
Colonial
Conoco
Conoco Phillips (COP)
Delek Refining
Ergon
Fina
Flying J
Frontier
Fuel Managers
Getty
|
Global Companies LLC
Great Island Energy
Griffith
Gulf Exxon
Gulf Oil
Hess Corp
Holly Refining
Hunt Refining
Irving Oil
Kern Oil & Refining
LE Belcher
Lion
Lukoil
Maples Gas
Marathon
Montana Refining
Montour
Mustang
Navajo
New England Petroleum
New West
|
Petron
Petroleum Products
Placid
Shamrock
Shell
Sprague
Sun R&M
Sunoco
Tesoro
TPSI
Trammo
Truman Arnold
United Refining
US Fuel
US Oil & Ref
Valero
Warex
Webber
Western
Western Energetix
Western Ref
Wyoming
|
The following Suppliers are undecided at this time: |
| None at this time |
|
|
We strive to make this information as accurate as possible however refiners reserve the right to change their status at any time.