Government Affairs Brief

In its 43rd year, the ILTA conference and trade show is the largest industry gathering with 4,500 liquid terminal industry professionals. Participants gain a greater awareness of issues impacting terminal facilities, discover innovative approaches to improve operations and build relationships with colleagues and suppliers from around the world. Expert-driven educational sessions, networking opportunities, and the largest trade show in the industry will equip you with the tools you will need to succeed. This is the one industry event you will want to attend in 2023.

Daniel Yergin is a leading authority on energy, geopolitics, and the global economy, bestselling author, and winner of the Pulitzer Prize for the 2023 Annual Operating Conference and Trade Show in Houston on May 22-24, 2023:

Daniel Yergin is a highly respected authority on energy, international politics, and economics. He is Vice Chairman of S&P Global and chairman of CERAWeek, which CNBC has described as "the Super Bowl of world energy."

On December 14, ILTA hosted an Energy Transition Briefing to discuss how liquid fuels and liquids commodities would play a significant role in the transition and diversification of energy sources from fossil fuels to other fuel sources. The purpose of the briefing was to help ILTA members better understand the business and strategic relevance of the liquid storage and logistics industry’s role in long-term transition and diversification of energy sources. A copy of presentation slides is attached below.

The Environmental Protection Agency continues its efforts to reduce climate-changing emissions related to fossil fuels industry, particularly around the oil and gas sector. In November 2022, EPA issued a proposed rule to strengthening its previous proposals to reduce harmful emissions such as methane and other harmful emissions. On November 15, EPA issued this supplemental proposal to update, strengthen, and expand previous proposed standards intended to significantly reduce emissions of greenhouse gases (GHGs).

The revised version of the bipartisan 2023 National Defense Authorization Act, passed on December 15, includes a provision requiring an annual progress report on certifying PFAS-free replacements for AFFF. The DOD is already required to phase out all military use of AFFF by October 1, 2024.