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April 7, 2020 |
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Letter from the ILTA President
Issue Update
The U.S. Environmental Protection Agency on March 27 relaxed rules for summer gasoline standards to allow for sales of winter-grade gasoline at least through May 20 to account for a glut of the fuel amid plunging demand as U.S. drivers stay home.
ILTA applauded the U.S. Occupational Safety and Health Administration for its fact-based decision to revisit prior findings regarding gasoline blending at terminals in a March 24 article in BIC Magazine and on social media.
The Emergency Coronavirus Stimulus package gives the Senate some additional time to continue negotiations on a longer-term bill approved by the House and Senate and signed by President Trump on March 27, expands authorization of the Chemical Facilities Anti-Terrorism Standards program by another three months, until July 23.
The U.S. Coast Guard on March 20 issued its Cyber - Navigation and Vessel Inspection Circular to establish cyber expectations for Maritime Transportation Security Act (MTSA) facilities. ILTA commented on the draft NVIC in July 2017.
DHS in late February submitted the long-awaited RAND report, “Results from the Assessment of the Risk Mitigation Value of the Transportation Worker Identification Credential.”
ILTA on March 12 submitted comments on the Ohio Environmental Protection Agency’s Division of Air Pollution Control’s January 2020 Draft Engineering Guide #8 – Compliance Tests at Bulk Gasoline Terminals.
Industry News
Crude oil prices have fallen significantly since the beginning of 2020, largely driven by the economic contraction caused by the coronavirus and a sudden increase in crude oil supply following the suspension of agreed production cuts among OPEC and partner countries.
The largest oil supply surplus the world has ever seen in a single quarter is about to hit the global market, creating an imbalance of around 10 million b/d, a representative with Rystad Energy, an Oslo, Norway-headquartered independent energy research and business intelligence specialist, said March 24.
Member News
Bloomberg Law, March 25, 2020
Though the proposed Bayou Bridge pipeline crosses sensitive wetlands in Louisiana, the U.S. District Court for the Middle District of Louisiana sided with the U.S. government and pipeline operator Energy Transfer Partners in a challenge by environmental groups. NTV, March 24, 2020
In a move to help produce more hand sanitizing products for the nation, Green Plains, the largest producer of industrial alcohol in Nebraska, is donating industrial alcohol from its York plant to the state for use in the products. S&P Global, March 20, 2020
Carl Icahn has bought a 14.86% share in Texas refinery Delek US and advised the U.S. Securities and Exchange Commission that another company he owns--CVR Energy--may also buy into Delek US. Market Screener, March 18, 2020
Marathon Petroleum Corp. has named Michael J. Hennigan as president and chief executive officer. Hennigan has worked at MPLX, a Marathon limited partnership, since 2017 and will assume his role as CEO immediately.
Federal Register Notices
ILTA News
ILTA held its Spring 2020 Environmental, Health, Safety and Security Committee and Operations Council meetings virtually on March 31 and April 1 with fantastic attendance at all three sessions.
Registration is open for the 40th anniversary Annual Operating Conference &Trade Show. Be sure to register before April 7 at www.ilta.org/aocts to enjoy steeply discounted Early Bird conference registration rates of $900 and $1,100, respectively, for members and non-members.
ILTA unveiled its refreshed website at the end of February. Make sure to log into www.ilta.org to view the new graphics, text and features. We will roll out new features, including an updated and improved online member directory section, in the coming months.
ILTA accepting submissions through May 22 for the Terminal Operating Practices Symposium, an education series designed to provide terminal operators a forum to exchange lessons learned from facility incidents and discuss effective operating practices with their peers. TOPS 2020 is slated for Thursday, September 24 in Boston.
Upcoming Events
The International Liquid Terminals Association continues to continues to monitor the global spread of COVID-19 and the reports from international and national health authorities, including the World Health Organization and the Centers for Disease Control, to guide our decision-making on our 40th Annual Operating Conference and Trade Show.
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