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Think Tank is the blog of the International Liquid Terminals Association that highlights the liquid terminal industry and its importance to the U.S. and world economy.

Congress Passes Huge Government Spending, COVID Relief Bill Ahead of Break

Andy Wright 0 248

Late December 21, both the House and Senate passed what many observers called the largest piece of legislation in American history. The 5,593-page bill, which was given to legislators just a few hours before the vote, included an omnibus appropriations bill to fund the government until October 2021, the fifth Coronavirus Relief Act, and the Water Resources Development Act of 2020, which we discussed in a previous Think Tank blog.

Congressional passage of WRDA bill good news for liquid terminals

Cathy Landry 0 290

A piece of legislation critical to the liquid terminal industry was tucked into the omnibus spending and coronavirus relief bill passed by the Senate near midnight yesterday. While the Water Resources Development Act of 2020 will not get the attention of some of the other measures in the relief bill, its passage is extremely important to the terminal industry because WRDA funds the maintenance, construction and improvement of our nation’s harbors, inland waterways and ports. Water infrastructure is critical to facilitate the trade we will require to help our economy recover and position the nation for long-term growth. 

Giving Thanks for Molasses Tanks

Jay Cruz 0 223

As we approach the holiday season, it is easy to overlook the role of tank terminals in our family gatherings. Most people if they think about bulk liquid storage tanks at all, think they only house petroleum goods or chemical. But the truth is that a lot of what we eat passes through such facilities as well!  Many liquid agricultural goods, like molasses, dairy products, high fructose corn syrup and more find their way through liquid terminals at some point in their journey to market. In today's blog, you'll find some of our favorite savory holiday recipes featuring molasses.

ILTA Helping Push In-Service Tank Inspection Rules over the Finish Line

Cathy Landry 0 225

ILTA has been hard at work continuing the push to get an Environmental Protection Agency proposal on in-service tank inspections across the finish line. The proposal, on which ILTA submitted comments on November 30, would allow operators of tanks regulated under the New Source Performance Standards of Subpart Kb to use the in-service inspection requirements of Subpart WW to conduct periodic inspections of internal floating roof rim seals.  

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