Underground Petroleum Tanks:
Owners' Ability to Comply With EPA's Financial Responsibility Requirements
RCED-90-167FS: Published: Jul 9, 1990. Publicly Released: Aug 8, 1990.
Additional Materials:
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GAO reviewed information from telephone surveys of state officials and insurance companies, regarding the ability of small firms owning petroleum tanks to meet the Environmental Protection Agency's (EPA) financial responsibility requirements by the 1991 deadlines.
GAO found that: (1) according to EPA, hundreds of thousands of underground petroleum tanks have corroded and are leaking; (2) EPA regulations require that tank owners have $1 million or $2 million worth of insurance or some other approved form of liability coverage; (3) EPA regulations divide tank owners into four categories, based on the number of tanks they own; (4) EPA must approve trust funds before tank owners can use them to satisfy federal financial responsibility regulations; and (5) EPA would have to lower its insurance limits below $500,000 in order to reduce insurance premiums.
Jan 15, 2021
Environmental Liabilities:
NASA's Reported Financial Liabilities Have Grown, and Several Factors Contribute to Future UncertaintiesGAO-21-205: Published: Jan 15, 2021. Publicly Released: Jan 15, 2021.
Jan 13, 2021
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Nuclear Waste:
Congressional Action Needed to Clarify a Disposal Option at West Valley Site in New YorkGAO-21-115: Published: Jan 13, 2021. Publicly Released: Jan 13, 2021.
Jan 7, 2021
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Hanford Cleanup:
DOE's Efforts to Close Tank Farms Would Benefit from Clearer Legal Authorities and CommunicationGAO-21-73: Published: Jan 7, 2021. Publicly Released: Jan 7, 2021.
Dec 18, 2020
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Drinking Water:
EPA Could Use Available Data to Better Identify Neighborhoods at Risk of Lead ExposureGAO-21-78: Published: Dec 18, 2020. Publicly Released: Dec 18, 2020. -
Recycling:
Building on Existing Federal Efforts Could Help Address Cross-Cutting ChallengesGAO-21-87: Published: Dec 18, 2020. Publicly Released: Dec 18, 2020.
Dec 9, 2020
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Environmental Protection:
Action Needed to Ensure EPA's Enforcement and Compliance Activities Support Its Strategic GoalsGAO-21-82: Published: Dec 9, 2020. Publicly Released: Dec 9, 2020. -
Oil and Gas:
Onshore Competitive and Noncompetitive Lease RevenuesGAO-21-138: Published: Nov 19, 2020. Publicly Released: Dec 9, 2020.
Dec 7, 2020
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Air Pollution:
Opportunities to Better Sustain and Modernize the National Air Quality Monitoring SystemGAO-21-38: Published: Nov 12, 2020. Publicly Released: Dec 7, 2020.
Nov 20, 2020
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Crude Oil Markets:
Effects of the Repeal of the Crude Oil Export BanGAO-21-118: Published: Oct 21, 2020. Publicly Released: Nov 20, 2020.
Nov 19, 2020
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EPA Grants to Tribes:
Additional Actions Needed to Effectively Address Tribal Environmental ConcernsGAO-21-150: Published: Oct 20, 2020. Publicly Released: Nov 19, 2020.
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