The Economic Impact of Vapor Control Regulations on the Bulk Storage Industry

摘要

The U.S. Environmental Protection Agency (EPA) is considering regulations which would control total benzene emissions on a national basis. A significant portion of these benzene emissions is contained in the gasoline vapors released during the normal gasoline transfer operations of petroleum bulk terminals and bulk plants. This report assesses economic impacts of several vapor control strategies which would reduce the benzene emissions of the bulk storage industry. The report seeks to: Identify and characterize the bulk storage industry; Determine the number of facility closures expected to occur because of the proposed vapor control regulations; Estimate the employment levels displaced by these closures; and, Calculate the national cost of installing and operating vapor control systems in the remaining bulk storage population.