EPA Eases Anti-Emission Rule For Oil, Gas Storage

Law360, New York (April 11, 2013, 7:02 PM EDT) -- Responding to sharp criticism, the U.S. Environmental Protection Agency plans to relax its approach to emission-control standards for oil and gas storage tanks, allowing more time for compliance and applying the regulations less broadly, according to a proposed rule to be published Friday.

The reversal, which eliminates an October compliance deadline, affects 20,000 storage vessels constructed since the EPA in August 2011 unveiled its vision for regulation of volatile organic compounds as well as nearly 1,000 tanks being added at well sites each month.

Existing units...
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