API MEMBER COMPANIES CONSIDER SELF-REGULATION ON ENVIRONMENTAL, OTHER ISSUES

03/16/1992
Major U.S. oil companies are considering a form of mandatory self-regulation in environmental, health, and safety issues. Member companies of the American Petroleum Institute are reviewing a set of management practices as part of a broad environmental and safety initiative called "Strategies for Today's Environmental Partnership (STEP)." FINA Inc. Pres. and Chief Executive Officer Ron W. Haddock, who heads an API group handling parts of the STEP program, said companies have been asked to respond to the proposed management practices by June. His strategic planning oversight group hopes the proposal will be ready for API directors to...
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