Petroleum products

April 18, 2007 - 10:49am

A provision in the legislation to reauthorize the nation’s surface transportation programs, known as the Highway Bill, would “drastically alter the way the taxes on jet fuel are collected,” according to the National Air Transportation Association. Under the proposal, jet fuel would be taxed at the same 24.4-cent-per-gallon rate as diesel fuel.

February 16, 2007 - 5:40am

Business aviation lobbyists yesterday applauded recent action taken by Republican lawmakers to shelve new tax rules in the 2005 Highway Bill designed to discourage truckers from using jet fuel to avoid higher taxes on diesel fuel. At the request of NBAA, NATA and GAMA, Sen. Ted Stevens (R-Ark.), Sen. Conrad Burns (R-Mont.) and Rep. Robin Hayes (R-N.C.) sent letters to U.S.

November 21, 2006 - 10:38am

To lift what NBAA and the National Air Transportation Association call “confusing” and “burdensome” requirements from FBOs and fuel companies, Sen. Conrad Burns (R-Mont.) introduced the Aviation Fuel Tax Simplification Act. The act would temporarily suspend part of last year’s Transportation Equity Act, which requires all aviation jet fuel taxes to be deposited into the Highway Trust Fund.

November 13, 2006 - 10:16am

Canada's private, user-fee-based ATC system–Nav Canada–believes that general aviation operators are double-charged for use of Canada's aviation infrastructure and that fuel excise taxes should be reduced.

October 23, 2006 - 7:52am
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In the wake of Hurricane Katrina the surge in auto-fuel prices–with the per-gallon increases lagging just hours behind the rising flood waters–was at the forefront of everybody’s mind. A flurry of activity on the political front–including the release of six million barrels of crude oil from the Strategic Petroleum Reserve–further focused the nation’s attention on the cost of keeping America’s engines running.

October 18, 2006 - 12:06pm

Prist Aerospace, long-time manufacturer and supplier of anti-icing aviation fuel additives, has formed an alliance with Hammonds Fuel Additives. Prist is now recommending Hammonds’ additive injector systems and microbicide Brobor JF for use with Prist anti-icing fuel additive. These recommendations are now being printed on all Prist and Hammonds packaging.

October 17, 2006 - 10:01am

Republican lawmakers have taken steps to shelve new tax rules in the 2005 Highway Bill designed to discourage truckers from using jet fuel to avoid higher taxes on diesel fuel. Sens. Ted Stevens (R-Alaska) and Conrad Burns (R-Mont.) and Rep. Robin Hayes (R-N.C.) sent letters to U.S.

October 9, 2006 - 10:38am

Although pilots often overlook evaluating the quality of the fuel they pump into their aircraft, fuel quality warrants a close look.

There is an instance of pilots finding milk in their fuel tanks. No one ever determined how the milk found its way into the aircraft.

October 5, 2006 - 10:42am

If the provision is accepted by the House and the bill signed by the President, all aviation fuel will be taxed at the same rate as highway diesel fuel–24.4 cents per gallon. The purchaser would then have to submit a claim to the Internal Revenue Service to receive the difference between the 24.4 cents paid and the 21.8 cents per gallon actually owed.

September 13, 2006 - 11:28am

Company president Paul Spring said it will be used mostly in support of Phoenix’s work in the “oil sands” area of northern Alberta, where shallow-lying bitumen is processed into oil.

 
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