Newsletter

The future investments and development of the renewable fuels sector face some uncertainty. Earlier this year, the Department of the Treasury (Treasury) released guidance on the Clean Fuels Production Credit (Sec. 45Z), a tax credit that consolidates and replaces previous credits for biodiesel, renewable diesel, alternative fuels, and sustainable aviation fuel. The recently issued guidance marks an important step toward implementing the credit and supporting the future development of renewable fuels markets.

On March 4, 2025, EPA sent a letter to ILTA, API, and AFPM granting part of the associations’ collective petitions on the 2024 gasoline distribution rule, specifically on the NSPS Subpart XXa provision.

The ILTA 2025 Conference & Trade Show takes place June 9-11 in Houston, TX, bringing together 4,500+ industry professionals for networking, education, and innovation. The event features 320+ exhibitors, expert-led sessions, and keynotes from Carly Fiorina and Admiral James Stavridis.

New in 2025, the ILTA Industry Summit connects companies with emerging professionals.

Register at ilta2025.ilta.org.

For nearly 40 years, Scott Buckner has worked as a health and safety expert for CITGO, developing comprehensive safety solutions for the midstream energy sector. Recently, Scott has been appointed as the new co-chair of ILTA’s Environmental Subcommittee. His extensive expertise and industry knowledge will be a valuable asset to the committee and its initiatives. 

Recently, we had the privilege of interviewing Scott to discuss his impact on the industry and his involvement with ILTA. 

In his first days in office, President Trump issued a series of executive orders and memoranda aimed at reversing Biden-era policies and advancing his administration’s key priorities. While these actions cover a broad range of issues, several have potential implications for ILTA members and the liquid terminal industry. 

This is a summary of key executive actions, their impacts, and relevant directives. ILTA will continue to monitor and provide updates on policy changes affecting the industry in the coming months.