Bobtail tax victory at hand
December 1, 2002 By LP Gas
The bobtail tax will be lowered and those who overpaid likely can get refunds.
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The bobtail tax will be lowered and those who overpaid likely can get refunds.
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Propane retailers dutifully monitoring the nation’s product reserves this summer breathed a collective sigh of relief when the U.S. Energy Information Administration reported a stock build of 65 million barrels last month.
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The nation’s propane inventory is 9 percent higher than this time last year, with 68.9 million barrels, according to the Energy Information Administration. The summer build was 11.2 million barrels higher than recent averages.
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Propane issues may get a better hearing in the House than the Senate in the new Congress, assuming campaign contributions lead to influence.
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