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PMAA's weekly update on important national industry issues.

 
PMAA's Weekly Review - June 20, 2014  [WR-14-24]

 

 

In This Issue:
 

SENATE ENERGY COMMITTEE APPROVES KEYSTONE XL PIPELINE

 

NEW FMCSA POLICY GIVES MARKETERS MORE CONTROL OVER DATA USED FOR SAFETY RATINGS

 

SENATORS PROPOSE 12 CENT MOTOR FUELS TAX INCREASE

 

PMAA PARTNER SPOTLIGHT INTRODUCING: ASPECT ENTERPRISE SOLUTIONS

 

JOIN PMAA AND NACS IN LAS VEGAS

 

PMAA MEMBER SERVICES SPOTLIGHT FEATURING: FEDERATED INSURANCE

 

SUMMERTIME IS MORE FUN WITH THE PMAA COOKBOOK!
 

 
 

 
 

A new choice for petroleum marketers.  The Spirit brand is offered by the Petroleum Marketers Oil Company, LLC (PMOCO).

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Visit us at:

WWW.PMAA.ORG


Telephone:
703-351-8000

Petroleum Marketers Association of America

(PMAA)

1901 North Fort Myer Drive

Suite 500

Arlington, Virginia 22209

SENATE ENERGY COMMITTEE APPROVES KEYSTONE XL PIPELINE

The Keystone XL pipeline debate continues as the Senate Energy Committee approved the pipeline largely along party lines on Wednesday by a vote of 12 - 10. Newly installed Senate Energy Committee Chairwoman Mary Landrieu (D-LA) introduced the pipeline approval bill along with Senator John Hoeven (R-ND). Senator Joe Manchin (D-WV) and Landrieu were the only Democrats on the Committee who supported the bill. Prospects for the bill to get to the Senate floor and final passage are slim given there are 58 confirmed yes votes in the Senate which is short of the 60 votes needed for passage. If President Obama were to veto the legislation, Keystone proponents would need 67 votes to override the President. It is likely the only way forward is for the President to approve the pipeline.

Earlier this year, the President delayed a decision on the pipeline indefinitely pending State Department approval which means a decision isn’t likely until after the November elections. The Keystone XL pipeline enjoys overwhelming support from Americans, with 65 percent saying it should be approved and 22 percent opposed, according to a Washington Post-ABC News poll  

NEW FMCSA POLICY GIVES MARKETERS MORE CONTROL OVER DATA USED FOR SAFETY RATINGS

The Federal Motor Carrier Safety Administration (FMCSA) has issued an Interpretative Rule and Statement of Policy that makes it possible for motor carriers to remove negative information from a key federal database used to determine motor carrier safety ratings. As a result, motor carriers will have more control over the information used to determine their FMCSA safety rating score.

The new policy changes the federal Motor Carrier Management Information System (MCMIS) by giving state agencies the ability to update motor carrier safety information to reflect adjudicated citations related to roadside inspection violations. Prior to the policy change, motor carrier violations resulting from roadside inspections were sent to the MCMIS database without any ability to update the information after a court had a chance to review and rule on the underlying citation. Consequently, the motor carrier’s MCMIS safety record would continue to list a “violation” even after a court dismissed the citation or found the carrier innocent.

The new FMCSA policy will be applied only to citations issued at roadside inspections beginning August 23, 2014. There is no retroactive applicability to existing citations. In addition, updates to reflect adjudicated results will not occur automatically. Instead, motor carriers will be required to electronically submit proof of adjudication through the FMCSA’s DataQ’s data portal. The documents will be reviewed by the applicable state motor carrier agency for authenticity and posted on MCMIS.

A PMAA Regulatory Report on the new policy change is being prepared by Mark Morgan, PMAA Regulatory Counsel.

SENATORS PROPOSE 12 CENT MOTOR FUELS TAX INCREASE

On Wednesday, Senators Chris Murphy (D-CT) and Bob Corker (R-TN) proposed a 12 cent-per-gallon (cpg) tax increase for both gasoline and diesel fuel over the next two years and indexing to inflation in order to replenish the Highway Trust Fund (HFT). It is expected to raise $164 billion over 10 years. Although lead transportation chairs Senator Barbara Boxer (D-CA) and Representative Bill Shuster (R-PA) have said there are not enough votes to pass a gas tax increase this year, the Murphy-Corker proposal might serve as a bipartisan starting point for highway funding negotiations next year.

Since 2008, Congress has transferred $54 billion into the Highway Trust Fund, mostly from the General Fund, to maintain solvency. Congress has looked at other alternatives to improve the HFT including a user fee based on the number of miles driven (VMT), however, this proposal has been unable to gain momentum. The motor fuels tax hasn’t been raised since 1993. It is likely that Congress will provide for a short-term fix to the HFT. Proposals include using savings from cutting Saturday postal delivery, using revenue from a tax holiday on repatriated earnings as well as transferring the remaining $1.4 billion in the LUST fund which PMAA and like-minded associations adamantly oppose.

Senate Finance Committee Chairman Ron Wyden (D-OR) and Ranking Member Hatch (R-UT) hope to have a proposal out of Committee before the July 4th recess.
  

PMAA PARTNER SPOTLIGHT INTRODUCING: ASPECT ENTERPRISE SOLUTIONS
Introducing a New Partner Member:

Aspect Enterprise Solutions: CTRM For Fuel Marketers Retailers, Hypermarketers, Jobbers

The Officers, Executive Committee, and PMAA staff are pleased to welcome Aspect Enterprise Solutions as a new PMAA National Partner.

Many Fuel Marketers are challenged with managing multiple spreadsheets with physical trades in one sheet, operational data in another, and paper hedges in yet another. This juggling act of managing truck loads, terminal locations, pipeline movement and trading activity creates a lack of transparency and inability to accurately consolidate various data points which results in costly mistakes.

This common practice creates serious operational risks. Marketers are unable to see net positions, profits and losses, inventory changes, and ultimately exposure. Marketers know spreadsheets are not the answer – but the costs and risks associated with implementing traditional trading and risk software systems have been prohibitive for Fuel Marketers until now.

AspectCTRM is the only cloud-based trade, risk and operations management solution. Fuel Marketers can now benefit from this leading professional system with an efficient and cost-effective way to manage streams of trading and transport activity. Traders, risk managers, schedulers, procurement and back-office personnel rely on this comprehensive, affordable solution.

For additional information, please visit or contact Brigette Gebhard at 1.347.328.0396..      

JOIN PMAA AND NACS IN LAS VEGAS

Connections Housing, the official housing agency for the NACS Show, offers discounted rates exclusively for NACS Show attendees at select hotels in Las Vegas. The secure online housing website is available 24/7 and offers real-time availability with full hotel descriptions, amenities, distance to the Las Vegas Convention Center, maps and other information to help make your decision easier. Also, reservation acknowledgements are emailed to you within seconds of confirming the reservation.

Author and journalist David H. Freedman has been announced as the keynote speaker on Wednesday, October 8, during the Opening General Session. Freedman is a contributing editor at The Atlantic and at Inc. Magazine, a contributor to Scientific American and a consulting editor for Johns Hopkins Medicine International. He is the author of five books, the most recent being WRONG, about the problems with the published findings of medical scientists and other experts. Much of his current work is related to the roles of policy, industry and journalism in addressing obesity, nutrition and health-related behavioral change.

“David passionately advocates that the food industry — including our industry — is in a strong position to address the problem of obesity in this country,” said NACS Vice Chairman of Convention, Jack Kofdarali, who also is president of J & T Management Company Inc. in Corona, California. “I look forward to hearing more about what David has to say on the topic of food and nutrition, how our industry can continue to be part of the solution and to proactively address misperceptions and better tell our story.”

In addition to online registration and housing, the NACS Show website features the latest information about exhibitors, housing, speakers, educational sessions and networking events. Please note that the NACS Show registration is separate from the PMAA Meeting Registration. NACS Supersaver Discount, a savings of up to 50 percent, ends today, June 20!

The Petroleum Marketers Association of America (PMAA) has held its Fall Meeting as part of the NACS Show since 1995. PMAA’s Fall Meeting will be held on October 6-7 at LVH – Las Vegas Hotel & Casino. Please view information here.
    

PMAA MEMBER SERVICES SPOTLIGHT FEATURING: FEDERATED INSURANCE

We wanted to remind you that one of Federated ‘s main initiatives for 2014 includes Federated Employment Practices Network (FEPN). With FEPN, our clients who have Employment Related Practices Liability will have access to the following complimentary services:

  • Unlimited on-line or toll-free direct access to employment law attorneys. They will be able to receive confidential, documented responses pertaining to more than 50 different Human Resources / Employment Law risk management and compliance issues and receive and answer no later than the next business day.

  • An on-line employee handbook building tool designed to help document employment practices. This tool can be used to build a complete handbook or simply pull individual documents to add to their existing policy.

  • Customizable HR risk management resources, including federal- and state-specific forms and poster.

  • HR Express Updates including:

    • Question and Case of the month based on popular topics (more on this in future Weekly Review articles);

    • HR alerts;

    • Webinars based on client interest and frequent claim topics

  • Unlimited access to online sexual harassment and discrimination prevention training for supervisors and harassment prevention training for employees targeted to promote a respectful, productive work environment and minimize risk to harassment claims.

For additional information or to discuss adding ERPL to your existing insurance coverage with Federated, please contact your Federated regional representative or PMAA’s newly-assigned National Account Executive Jerry Leemkuil at 800.533.0472. If you are a current ERPL client, please visit to download your complimentary resources

SUMMERTIME IS MORE FUN WITH THE PMAA COOKBOOK!

Are you looking for things to read and activities to engage in this Summer? The PMAA PAC official cookbook makes for great Summertime reading and family fun for all. Use a recipe at the next family cookout! Contribute to the PMAA Small Business Committee (SBC) PAC and have fun at the same time. Buy many copies and give them to your friends so they can have fun too. Please contact Sabrina Pitcher if you would like to order the PMAA Cookbook.

 

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