President Barack Obama on Dec. 4 signed into law H.R. 22, the Fixing America’s Surface Transportation (FAST) Act, which authorizes budgetary resources for surface transportation programs for fiscal years 2016-2020; reauthorizes taxes that support the Highway Trust Fund through Sept. 30, 2022, and expenditures from that Fund through Oct. 1, 2020; reauthorizes the Export-Import Bank through Sept. 30, 2019; and improves the Federal permit review process for major infrastructure projects.
In a Dec. 4 statement, American Petroleum Institute President and CEO Jack Gerard said the FAST Act will enhance the oil and natural gas industry’s ability to safely transport fuels.
“The bipartisan legislation makes key improvements to tank cars carrying crude oil by modifying the final Department of Transportation’s tank car rule released earlier this year,” he said. “Safety is our industry’s number one priority and we are always looking for new ways to reach our goal of zero incidents.”
The legislation requires all cars moving flammable liquids to now include elements such as top fittings protection and thermal blankets that are intended to mitigate the consequences of a derailment.
TRAVELING THIS SUMMER?
OILMAN has compiled a list of oil and gas museums around the country that you don’t want to pass up.
Take time out to visit a few or ALL the museums this summer while on vacation or traveling on business.
The oil and gas museum list includes Museum Name, Address, Clickable Website and Phone Number.