Greg's Petroleum Service is a diversified petroleum marketing company servicing California's greater San Joaquin Valley.
We provide comprehensive energy and lubricant solutions for commercial, industrial, agricultural, and the oil and gas industries. As a Chevron 1st Source Lubrication Marketer, we are committed to providing lubrication solutions that facilitate our customers’ long-term profitable growth.
Contact us today to learn more about how we can help you prolong your equipment life and gain better fuel efficiencies.
|FARMERS SPCC CLARIFICATION MOVING IN HOUSE - Sunday, August 05, 2012|
FARMERS SPCC CLARIFICATION MOVING IN HOUSE
July 31, 2012
Yesterday the House Transportation and Infrastructure Committee approved by voice vote, H.R. 3158, the “Farmers Undertake Environmental Land Stewardship (FUELS) Act”. The bill, introduced by Rick Crawford (R-AR), would bring clarity to farmers on the requirements of the EPA’s Spill Prevention, Control, and Countermeasure (SPCC) rule, it would provide threshold sizes for tank regulation at the farm level, and allow more farms to self-certify.
As petroleum marketers well know, the SPCC rule is applicable to any facility, including farms, with an aggregate above-ground oil storage capacity of 1,320 gallons in tanks of 55 gallons or greater. H.R. 3158 would create three classes of farms for SPCC purposes:
1) Farms with individual tanks with storage capacity greater than 10,000 gallons, aggregate storage capacity of at least 42,000 gallons or spill histories would need professional engineers to certify their SPCC plans.
2) Farms with aggregate storage capacity greater than 10,000 gallons but less than 42,000 gallons and no history of spills could be self-certified by the farms’ owners or operators.
3) Farms with aggregate storage capacity less than 10,000 gallons and no history of spills would be exempt from requirements.
The bill would also exclude all containers on separate parcels that have a capacity less than 1,320 gallons from the aggregate storage capacity of a farm.
The measure faces significant opposition in the Senate and is not likely to be adopted without pro-environment changes. Senators Inhofe (R-OK) and Sessions (R-AL) tried to attach an SPCC amendment to the Farm bill, but their amendment was not included in the final Senate agreement.
|California Tax Rate Change - Effective July 1, 2011 - Sunday, June 26, 2011|
Dear Retailers, Marketers and C&I Customers in California:
The California State Board of Equalization (BOE) has announced several tax rate changes that are scheduled to take effect on July 1, 2011. The Fuel Tax Swap will impact the excise tax on both gasoline and diesel fuel. It will also impact the sales and use tax as well as the prepaid sales tax rate for diesel fuel. In addition, the BOE has indicated that the sales and use tax rate on all tangible products will also change on July 1, 2011.
Information regarding the Fuel Tax Swap is available on the BOE's website: http://www.boe.ca.gov/sutax/gasswapfaq.htm#2
Information on the California Statewide Sales and Use Tax Rate is also on the BOE's website at the following link:http://www.boe.ca.gov/news/pdf/l277.pdf
Please be aware that the California Legislature is still in session and may enact legislation that could impact these tax changes.
Please contact the BOE at (888)-847-9652
if you have any questions.
|Security Advisory Alert - Wednesday, June 22, 2011|
CBP Security Advisory for Marketers and Retailers:
Recently there have been attempts by outside sources trying to gain Retailer / Marketer credit card information through e-mail scams which are termed “phishing”. If you or someone from your organization is contacted by a person claiming to be with Chevron, and is asking for credit card information, or discussing your credit line, please do NOT give out this information.
Please contact your Business Consultant or Credit Representative if you have any questions.