Refinery Act: No Mandatory Safety Assessments for Hydrofluoric Acid
This act aims to prevent the phase-out of gasoline and higher fuel prices. It introduces changes that exempt refineries from mandatory assessments of safer technologies and alternative risk management measures for the use of hydrofluoric acid. This means refineries will not be required to invest in potentially more expensive new safety technologies, which could impact fuel price stability but also the approach to risk management in the oil industry.
Key points
Refineries will not be required to assess safer technologies for hydrofluoric acid, potentially impacting fuel production costs.
The act aims to prevent higher gasoline prices for consumers.
Changes apply to refineries with permits or those conforming to American Petroleum Institute safety standards.
Status:
Expired
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