DOT Chief Calls For New Pipeline Safety Measures

Law360, New York (April 4, 2011, 5:55 PM EDT) -- Transportation Secretary Ray LaHood on Monday unveiled a broad initiative to improve the safety of the U.S.’ pipeline infrastructure, calling for increased oversight in the wake of several deadly pipeline accidents.

Citing a series of recent accidents, including a Feb. 9 pipeline explosion in Pennsylvania that killed five, LaHood said he had asked Congress for authorization to close regulatory gaps, boost risk-management requirements, add inspectors and step up scrutiny of pipeline safety.

The secretary said he also had told federal lawmakers to increase maximum civil penalties...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.