Reported 11 days ago
Over 30 trade groups from the energy, farming, and transport sectors have expressed concerns that the absence of US government guidance on tax credits could lead to higher fuel prices for Americans. They are urging Congress to extend expiring credits, such as the longstanding biodiesel tax incentive, to ensure market stability as the industry awaits clarity on new incentives that will take effect in January. The uncertainty accompanying the transition between administrations is complicating planning for energy and agriculture sectors.
Source: YAHOO