Fuel Excise Tax Podcast Episode 3

“The record keeping is a complete nightmare”

We still don’t quite get to taxes, bet we touch on the ASTM, the terminal bulk system, and the LUST tax.  The Zen Master ponders that that all jet fuel is kerosene but not all kerosene is jet fuel.  Guess what happens when you add a quart of oil to 50 gallons of kerosene?

SFW, 27 minutes