Watching Government: NPRA’s timely capacity tally

The National Petrochemical & Refiners Association normally releases its annual US refining and storage capacity report around mid-July each year. This year’s edition was even timelier than usual.It arrived as the US House of Representatives prepared to name conferees to meet with those chosen by the Senate to reconcile two different energy bills. One of the biggest differences-okay, one of two 800-lb gorillas in the room (the other being congressional authorization to issue federal oil and gas leases in the Arctic National Wildlife Refuge)-is methyl tertiary butyl ether product-defect liability protection for refiners.MTBE liability protection is part of the House energy bill bu...

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