Sponsored by:
Renewable Energy Group
who generously supports
PMAA's work in our Nation's Capital.

 

PMAA's weekly update on important national industry issues.

 
PMAA's Weekly Review - August 8, 2014  [WR-14-31]

 

 

In This Issue:
 

CONGRESS BREAKS FOR AUGUST RECESS

 

OIL EXPORT BAN ACCELERATING REFINED PRODUCT EXPORTS

 

OZONE RULE NEEDS ECONOMIC IMPACT ANALYSIS

 

JULY 2014 PMAA SMALL BUSINESS COMMITTEE (SBC) PAC CONTRIBUTIONS

 

PMAA MEMBER SERVICES SPOTLIGHT FEATURING: FEDERATED INSURANCE

 

JULY 2014 PMAA MDF CONTRIBUTORS

 

INVITATION TO VISA WEBINAR: August 20, 2014

 

PMAA PARTNER SPOTLIGHT FEATURING: MERIDIAN ASSOCIATES, INC.
 

 
 

 
 

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Visit us at:

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Telephone:
703-351-8000

Petroleum Marketers Association of America

(PMAA)

1901 North Fort Myer Drive

Suite 500

Arlington, Virginia 22209

CONGRESS BREAKS FOR AUGUST RECESS

This week, Congress officially started its August recess which serves as a great chance to meet with your lawmakers while they are back home. On Monday, September 8th, when Congress returns both chambers will likely be in session for a few weeks before they break again for the 2014 elections. A government funding measure is possibly the only bill that will move forward before the mid-term elections. While appropriators have said they want to develop an omnibus package to close out fiscal year 2015, it is more likely that a Continuing Resolution (CR) will develop which would fund the government through December 2014. This will force a lame duck session which will allow Congress to address other measures including tax extenders legislation. The Senate Finance Committee’s tax extenders package includes the $1 per-gallon biodiesel blender’s tax credit and applies retroactively to January 1, 2014. PMAA continues to support the biodiesel blender’s tax credit  

OIL EXPORT BAN ACCELERATING REFINED PRODUCT EXPORTS

Due to the U.S. oil export ban and the shale oil boom, Gulf Coast crude oil supply has hit record levels which have caused the West Texas Intermediate (WTI) crude oil contract to plunge to a six month low. Gulf coast refineries have been able to take advantage of the cheaper WTI prices and are processing crude at record levels and sending refined products overseas given their European counterparts are having to buy higher priced Brent crude oil. Oil companies have either booked or plan to book several medium range tankers to ship cheaper Gulf Coast refined products to Europe. In July, refineries in the Gulf of Mexico processed 8.62 million barrels a day, the highest since the Department of Energy started collecting data in 1992.

The Gulf Coast oil supply glut has also renewed an interest in reforming the Jones Act to allow cheaper and more abundant foreign tankers to ship America’s light sweet crude oil to Mid-Atlantic refineries and refined products to states such as Florida which is experiencing supply shortages. PMAA supports efforts to reform the Jones Act to alleviate the Gulf Coast supply glut which will bring cheaper motor fuels and heating oil prices to consumers.

OZONE RULE NEEDS ECONOMIC IMPACT ANALYSIS

Under section 109(d) of the Clean Air Act, EPA is required to seek guidance from its Clean Air Scientific Advisory Committee on any “adverse public health, welfare, social, economic, or energy effects” that arise from efforts to revise air quality standards. EPA did not do this when its’ federal environmental advisory committee concluded late June in a letter to EPA Administrator Gina McCarthy that the EPA should consider lowering the current 75 ppb ozone national ambient air quality standard to 60-70 ppb. The report even went further to suggest a 60 to 65 ppb range would be best, stating that a standard of 70 ppb would offer only a “limited margin of safety” for human health.

Sen. David Vitter (R-La.), the ranking Republican on the Senate Environment and Public Works Committee, and Rep. Lamar Smith (R-Texas), chairman of the House Science, Space and Technology Committee sent a letter to EPA seeking a response by early August as to how EPA plans the further economic review that is required by law. The letter urges the EPA to allow its independent expert advisors to conduct a full evaluation of the adverse effects of the agency’s upcoming proposal to tighten ozone standards. By the EPA’s own estimates, the new ozone regulations are expected to cost taxpayers up to $90 billion per year, making them the most costly regulations ever proposed.

Established in 1977, the Clean Air Scientific Advisory Committee (CASAC) provides advice to the EPA Administrator on the technical bases for EPA's national ambient air quality standards. EPA is under court order to issue a proposed rule to either revise or retain the current standard by December 1, 2014 and EPA will consider the Committee’s recommendations in making that determination. However, the EPA is not bound to the Committee’s recommendation.

EPA’s potential ozone proposed rule is estimated to cost more than EPA predicts, upwards of one trillion dollars per year from 2020-2030, according to the National Association of Manufacturers. Lowering of the standard would force more counties into non-attainment, and, therefore, requiring RFG and lower RVP gasoline which would increase the cost of motor fuels. PMAA believes the economic consequences from a new ozone standard will be severe and must be considered. Current standards are working and the value of moving towards a lower ozone standard is not backed by scientific evidence. An overly stringent ozone standard will create bottlenecks and chaos in the gasoline marketplace.
  

JULY 2014 PMAA SMALL BUSINESS COMMITTEE (SBC) PAC CONTRIBUTIONS

PAC Co-Chairs Michael Fields and Gerry Ramm are grateful for the PMAA Small Business Committee (SBC) PAC contributions from the following individuals during the July 1 - 31 timeframe:

Alabama: Richard Collins, James Eidson, Jr., Russell Hager, Wayne Hollar, Richard Mayers, James Parr, Tim Shirley

Arkansas: Benny Magness

Colorado: Meyer Sussman

Connecticut: Robert Barrieau

Indiana: Don Good

Maine: Jonathan Mapes

Michigan: Robert Hohn

Nevada: Joe McGinley

Oregon: Joe Arntson, Lee Powell, Sondra Powell, Kenneth Poole, Nancy Poole, Jason Powell, Paul Romain, Ron Tyree, Ruth Zirkle

South Carolina: Dan Durbin, David Jordan, Karol Kunkle, Aaron Rice, Jr., A. Pierce Stockman, III

Virginia: Nancy Allen, B. Lash Barksdale, James Candler, Robert Claytor, Danny Cockrham, Robert Conrad, Christopher Earhart, James Emmart, Gary Gilmore, Garry Gray, Angus Hines, Jr., Richard Koontz, Jr., Bill Lester, Lloyd Little, Wayne Mears, G. Michael Neish, Michael O’Connor, Stan Pallett, Sanjay Patel, James Pollard, III, Paul Pollard, Wayland Pond, Ron Prewitt, James Ridenour, Sr., William Russell, Randall Sheetz, Bruce Spencer, David Sutton, Lester Terhune, III, David Walsh, W. Stratford Ward, Jr., John Watts, Jr., John Woodfin, Jr., Mauro Zenarolla

Wyoming: Chris Jackson      

PMAA MEMBER SERVICES SPOTLIGHT FEATURING: FEDERATED INSURANCE
Best Practices for Eliminating Distractions Caused by Cell Phones and other Electronic Devices

As a national insurer of commercial vehicles, we have seen the devastating effects technology can have when allowed to distract drivers from their most important task—driving. We strongly encourage your business to develop a clear, unequivocal, and enforced policy against the use of cell phones and other electronic devices while driving.

Implementing these policies does not require your business to lose communication with your drivers or decrease efficiency. By putting the proper policies and procedures in place, communication can be maintained and efficiencies can be increased by requiring drivers to concentrate on the tasks at hand.

Please click here to find out these best practices to help enforce your distracted driving policy and effectively eliminate the use of cell phones and other electronic devices while driving.

For additional information or to discuss this in further detail, please contact your Federated regional representative or PMAA’s newly-assigned National Account Executive Jerry Leemkuil at 800.533.0472

JULY 2014 PMAA MDF CONTRIBUTORS

PMAA’s Marketer Defense Fund wants to thank the following individuals for their contributions during the July 1- 31 timeframe:

Arizona: Arizona Petroleum Marketers Association

California: Matt Cullen

Colorado: Colorado Petroleum Marketers and Convenience Store Association, Greg Parish

Florida: Ed Hinson

Indiana: Tim Drayer, Indiana Petroleum Marketers and Convenience Store Association, Derek Jones, Gene Moser, Gary Myers

Massachusetts: New England Fuel Institute

Missouri: Missouri Petroleum Marketers and Convenience Store Association

New York: John Maniscalco

North Carolina: David Newsom

North Dakota: North Dakota Petroleum Marketers Association

Ohio: Janel Kruse

Oklahoma: Oklahoma Petroleum Marketers & Convenience Store Association

Oregon: Oregon Petroleum Association

Pennsylvania: Samantha Lantz, Robert Shuey

Corporate donations are acceptable. The monies raised for MDF are used for special projects, personnel and materials dedicated to strengthening our lobbying efforts on Capitol Hill. 

INVITATION TO VISA WEBINAR: August 20, 2014
Recap the 2014 North America Payment Card Security and Technology Symposium

At 10 a.m. Pacific time on Wednesday, 20 August 20, 2014, Visa will host a free webinar to recap the North America Payment Card Security and Technology Symposium that was held on July 23-24, 2014 in Foster City, California.
The symposium featured presentations by Visa program experts and panelists from organizations such as Cisco Systems, FireEye, Ingenico, Microsoft, Smart Card Alliance and the U.S. Secret Service.

The webinar will summarize the following topics:

  • Understanding the Evolution of Malware

  • Demystifying Tokenization

  • Optimizing Card-Not-Present Fraud Prevention Strategies

  • Navigating U.S. EMV Implementation

  • Managing Mobile Payments Risk

  • Approaching the Intersection of Cyber Security and Privacy

This one-hour webinar will be presented in English only and will not be rebroadcast in other languages. Participants must attend via computer. Attendance is limited to 1,000 individuals, and registration is required. To register, click here.

Note: The username and password created at registration will be necessary to access the webinar on the day of the event.

For more information, please contact your Visa Account Executive or email.

Notice: This Visa communication is furnished to you solely in your capacity as a customer of Visa Inc. (or its authorized agent) or a participant in the Visa payments system. By accepting this Visa communication, you acknowledge that the information contained herein (the "Information") is confidential and subject to the confidentiality restrictions contained in Visa's operating regulations, which limit your use of the Information. You agree to keep the Information confidential and not to use the Information for any purpose other than in your capacity as a customer of Visa Inc. or a participant in the Visa payments system. The Information may only be disseminated within your organization on a need-to-know basis to enable your participation in the Visa payments system.

Please be advised that the Information may constitute material nonpublic information under U.S. federal securities laws and that purchasing or selling securities of Visa Inc. while being aware of material nonpublic information would constitute a violation of applicable U.S. federal securities laws. This information may change from time to time. Please contact your Visa representative to verify current information. Visa is not responsible for errors in this publication. The Visa Non- Disclosure Agreement can be obtained from your Visa Account Manager or the nearest Visa Office.

PMAA PARTNER SPOTLIGHT FEATURING: MERIDIAN ASSOCIATES, INC.
Focus on Competitive Advantage featuring John C. Maxwell!

Join fellow marketers on October 28 and 29 at the beautiful Loews Ventana Canyon Resort in Tucson for a stellar line-up of speakers including our keynote, John C. Maxwell, renowned author and leadership expert. Experience effective round tables, networking opportunities and workshops designed for your petro success. With over 20 years of experience, Meridian Associates hosts the premier event in the industry to power your petro business forward. You'll enjoy new information, innovation and insight including actionable take-away plans to execute immediately. It's our trademark - backed by a guarantee that's unmatched in the industry.

And there's much more including our always anticipated ranch dinner at a new "in-town" venue and - new this year - a spouse event that's sure to please. Take advantage of our special add-on room rates and mix a little pleasure with business before or after the event. What a great way to refuel your energy and business at the same time!

Take advantage of early bird rates by August 31! Check out our website for all the details. 

 

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