U.S. Venture, Inc. v. USA

  1. June 29, 2021

    No $33M Tax Credit For Butane Fuel Mix, 7th Circ. Rules

    Gasoline blends that use butane don't qualify for a tax credit available to alternative fuel mixtures, the Seventh Circuit said Tuesday, affirming a lower court's rejection of energy company U.S. Venture's refund claim for more than $33 million.

  2. December 01, 2020

    Butane Fuel Mix Qualifies For $33M Tax Credit, 7th Circ. Told

    Energy company U.S. Venture told the Seventh Circuit on Tuesday that the gasoline and butane mixture it sells to gas stations qualifies it for $33 million in alternative fuel tax credits, an argument the government says defies "the statutory language, case law and common sense."

  3. October 27, 2020

    Energy Co. Entitled To $41M In Fuel Tax Credits, 7th Circ. Told

    Butane blended with gasoline should be considered an alternative fuel mixture that qualifies energy company U.S. Venture Inc. to around $41 million in tax credits, the company told the Seventh Circuit.