WATCHING GOVERNMENT: Tank reform ahead

Gasoline marketers are predicting tank reform legislation may pass Congress, perhaps this year. Sen. Lincoln Chafee (R-RI) has reintroduced legislation first proposed last session that requires all underground storage tanks to be inspected every 2 years. The bill, S. 195, gives state or federal regulators power to keep product out of tanks that do not meet safety standards. The proposal has bipartisan support, and the Senate Environment and Public Works Committee considers it a top priority, marketers and congressional sources say.Industry supports the measure. Fuel suppliers want final legislation to include a provision allowing states to use money from the federal Leaking Underground St...

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