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New pipeline safety bill passed

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World ΒιΆΉ΄«Γ½Σ³»­,


The American Petroleum Institute welcomed the Senate passage of new pipeline safety legislation that will enhance industryΒιΆΉ΄«Γ½Σ³»­™s goal of zero incidents.

ΒιΆΉ΄«Γ½Σ³»­œThe oil and gas industry remains committed to continuous improvement in pipeline safety,ΒιΆΉ΄«Γ½Σ³»­ said API Executive Vice President Louis Finkel. ΒιΆΉ΄«Γ½Σ³»­œThe industry is devoted to zero incidents. We continue to lead in protecting the public and the environment. API has released several new standards, and operators continue to spend billions of dollars every year to evaluate, inspect, and maintain pipelines.ΒιΆΉ΄«Γ½Σ³»­

Natural gas and liquids interstate pipelines deliver 99.999% of product without incident, but pipeline operators recognise more can be done to ensure that the US continues to have the safest, most robust pipeline network in the world.

ΒιΆΉ΄«Γ½Σ³»­œΒιΆΉ΄«Γ½Σ³»­ continue to be one of the safest modes for transporting energy across the country. As domestic production grows, they will be the critical link to connect our abundant oil and natural gas resources to refineries, chemical plants, business and consumers.ΒιΆΉ΄«Γ½Σ³»­ said Finkel.

API thanked the Senate for approving a bill that will enhance our energy infrastructure so Americans can continue to enjoy reliable, affordable fuels.
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