Alternative fuel pumps maditory by 2018

mastrdrver
09-17-2008, 05:50 PM
While it does talk about the tax break on the upcoming Volt, I found this part of the article more interesting, though I know that not a lot of pumps are owned by a major gas company.

Autioblog.com (http://www.autoblog.com/2008/09/17/houses-passes-bill-with-5k-volt-tax-credit-mandatory-alternati/)

As for the section on mandatory alternative fuel pumps, it requires that every gas station owned by a major gas company have at least one alternative fuel pump by 2018. The bill specifies "alternative fuel" as natural gas, E85 or higher, biodiesel, renewable diesel or hydrogen. Any company not in compliance by 2018 would be fined $100,000 per station, though a $50,000 tax credit would be offered to stations that choose an E85 pump. We'll let you discuss the merits of that particular provision in the comments below.

Shockwave
09-18-2008, 05:24 AM
Great. So we're going to have an infrastructure of E85. :rolleyes:

Z28x
09-18-2008, 07:40 AM
So much for the free market. This is all just to make politicians look good, no wonder Mobil is selling all of their gas stations.

shock6906
09-18-2008, 08:16 AM
Great. So we're going to have an infrastructure of E85. :rolleyes:

Yeah, really. Forgive me if I retain my jubilance.

FiefSS
09-18-2008, 08:38 AM
E85 to me is a today thing not a 2018 thing. The govt really just does not get it..

YARDofSTUF
09-18-2008, 08:39 AM
The tax credit should go to the stations not owned by oil companies and for hydrogen only.

Eric Bryant
09-18-2008, 08:50 AM
According to a preso by a Marathon rep that I attended, the "good" news is that this stuff will be very cheap - the amount that the government will require be sold is greater than the demand, so the energy companies will need to price it very low in order to meet the law and take a loss on every gallon :(