PHMSA Invites Industry Feedback to Simplify Regulatory Framework
Comments Due to Agency by August 4
“Regulations need to be practical and deliver safety benefits that outweigh compliance costs,” stated acting Administrator Ben Kochman in a recent announcement. (Arthur Kaszuba/Getty Images)
The Pipeline and Hazardous Materials Safety Administration (PHMSA) is reaching out to industry players for insights on how to simplify its current regulations. This includes finding ways to ease the burdens on the energy sector while aligning with the president’s initiative aimed at revitalizing America’s clean coal industry.
This regulatory review is part of a broader effort under President Donald Trump’s executive orders focused on deregulation. According to Kochman, thes changes could potentially save hundreds of millions in compliance costs.
“Regulations shoudl be practical and deliver safety benefits that outweigh compliance costs,” Kochman emphasized during the announcement of two proposed rulemakings. “By involving stakeholders in this thorough review, we can pinpoint areas for updating our regulations, boost American energy production, and enhance safety outcomes.”
The agency is open for public feedback regarding pipeline safety and hazardous materials until August 4.
A Closer Look at Executive Orders
- The transportation of essential minerals used globally
- Explosives utilized across various industries including construction
- Chemicals involved in food processing sectors
- waste products from agricultural activities impacting local ecosystems
- Diverse materials crucial for developing renewable energy resources worldwide.
Kochman noted that ensuring adherence to these regulations falls upon a variety of entities—from e-commerce platforms shipping chemicals safely to trucking companies transporting oil across states. Each institution must allocate resources towards meeting PHMSA’s requirements related to registration, reporting incidents, packaging standards, labeling protocols, testing procedures, security measures as well as emergency response strategies.
The HMR plays an indispensable role within the energy supply chain by guaranteeing safe transport methods for numerous hazardous materials—over 3.3 billion tons annually via railways and highways alone! This includes notable quantities like over 88 million barrels of crude oil or millions of shipments containing radioactive substances such as nuclear fuel or waste products.
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