Obviously, the destruction caused by Hurricane Katrina has had a major impact on fuel supplies. The IRS is temporarily waiving regulations that ban the sale of certain diesel fuels to address shortages.
Oil Producing Algae Dyed Diesel Fuel No Longer Banned
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Algae Oil Production Diesel fuel comes in two general forms, clear and dyed. Dyed diesel is not environment friendly. Under laws passed by Congress, the IRS effectively bans the sale of dyed diesel fuel for use on highways. Put another way, the trucking industry must use clear diesel for transports.
Lubricity additives will not be added at the refinery to replace the reduced sulfur content. Some diesel fuel additives do contain lubricity additives. Advance Auto Parts carries Power Service brand diesel additives that contain a proprietary lubricity additive called "Slickdiesel", for maximum fuel lubrication. 5. Customer notices their diesel engine has lost power since the introduction of ULSD. Is this a result of the new fuels
Algae Bio Fuel In the wake of serious fuel shortage issues caused by Hurricane Katrina, the IRS is immediately waiving the tax penalties applicable to the use of dyed diesel on highways. This surprisingly quick policy decision is a reflection of exploding fuel prices and a stark lack of supply.
Yes, ULSD fuels have a lower BTU value and thus when burned in a diesel engine will result in less power. Cetane enhanced products can offset this power loss. Cetane is a high energy compound that makes the fuel burn more completely in the combustion chamber, resulting in more power, reduced emissions, and improved fuel economy. Power Service diesel additives contain "+ Cetane Boost" to offset this power loss while also improving fuel economy and reducing emissions.
Algae Fuel Cell The order issued by the Commissioner of the IRS is only effective until September 15, 2005 at this time. It is anticipated that the Commissioner will extend this time period since it is clear the fuel issues will not be overcome by the deadline.
Fuel for Life Diesel Fuel for Life Him is Fresh, addictive and truly unique. With crisp vibrations of star anise and grapefruit, flashes of raspberry and lavender, and seductive waves of heliotrope and vetiver woods, Diesel "Fuel For Life" must be used with caution.
Algae Based Fuels While the penalties associated with dyed diesel are waived, the IRS has chosen to keep a basic diesel fuel tax in place. All sales of dyed diesel fuel are subject to a 24.4 cent tax per gallon. Either the retailer or purchaser can pay. The IRS, however, has indicated that it will waive any penalties and interest assessments associated with failure to make bi-weekly deposits of the tax. In addition, users of dyed diesel fuel need not concern themselves with any EPA restrictions related to its use during this temporary waiver.
ULSD was mandated by the Environmental Protection Agency (EPA) to be sold at all retail pumps by October of 2006. This new fuel is a reduced sulfur content formula of diesel fuel. Sulfur content went from 50 parts per million (ppm) to 15 ppm in this new fuel. The reduction of sulfur is mandated to reduce sulfur dioxide emissions 2. Do new diesel engines require use of ULSD
Diesel From Algae In Closing
Green Fuel Algae Typically criticized for reacting slowly, the IRS should be commended for taking quick steps to free up fuel from a tax perspective. To support the trucking industry, let us hope the deadlines are extended well past September 15, 2005.
Algae Fuel Production Richard Chapo is with Business Tax Recovery - Stop overpaying small business taxes. Read more business tax articles.
Bio Diesel From Algae
Biodiesel Fuel From Algae Rick Chapo is with Nomad Journals - makers of writing journals. He is also with BusinessTaxRecovery.com - information on taxes.
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