Home » News
Filter by category:

Federal Oil Spill Liability Tax Change – Effective January 1, 2017


Beginning January 1, 2017, the per barrel Federal Oil Spill Tax imposed on refiners increased from 8 cents to 9 cents per barrel.  Once the tax is paid by refiners it becomes a fee which is included in the price of the product as it transfers through the petroleum distribution system.  Suppliers are free to charge the fee as they see fit and petroleum marketers may see slightly different rates from various suppliers.

For petroleum marketers, it is important to understand that any fee charged to you by a supplier is not a tax but a fee.  This distinction is important because fees are not required to be indicated via a line item on an invoice or bill like a tax.  The following Federal Oil Spill Tax rates were shared with PMCI by PMAA for 2017:


2017 Rate

Clear Gas and Diesel














Tax Environment Federal

RINAlliance HEALTHAlliance Unified Contracting Services Renewable Energy Group AssuredPartners Seneca Companies EMC Insurance PMMIC Insurance Cylinder Express Sinclair Molo Petroleum Midwest Petroleum Equipment Otter Creek Country Stores, Inc GROWMARK Energy Altria Westmor Industries Rainbo Oil Company Seneca Tank HTP Energy MAST ATM McGowen, Hurst, Clark & Smith PC Core-Mark Valero Central Bank Acterra Group Shell Phillips 66 HollyFrontier Community Oil Company Flint Hills McDermott Oil Co Delta Dental Wellmark Iowa Lottery Cenex Federated Insurance Milliman
PMCI Facebook PMCI Twitter PMCI LinkedIn
Home   |    About FUELIowa   |    Site Map   |    Privacy   |    Contact Us   |    ©2019 FUELIowa, All Rights Reserved
10430 New York Ave., Suite F, Urbandale, IA 50322-3773   |    P. 515.224.7545   |    F. 515.224.0502
About FUELIowa
Site Map
Contact Us
10430 New York Ave., Suite F, Urbandale, IA 50322-3773
P. 515.224.7545
F. 515.224.0502
©2019 FUELIowa, All Rights Reserved