ILTA View: The US Policy Horizon

Jay Cruz, senior director of government affairs and communications at the ILTA examines the policy outlook for the terminals industry under the Trump administration As President Donald Trump and the 119th Congress have settled into office, the legislative landscape for the next two years has taken shape. The current administration is favouring pro-energy policies, and both the International Liquid Terminals Association (ILTA) and the terminals industry stand ready to support the nation’s increasing liquid energy needs. Founded in 1974, ILTA represents over 70 bulk liquid terminal companies that provide critical infrastructure, storage, and transportation logistics for 1.2 billion barrels of liquid products annually across 2,000 facilities and in all 50 states. ILTA members form a crucial link in supply chain logistics for a wide range of liquid commodities central to the American economy, including crude oil, gasoline, diesel, industrial chemicals, jet fuel, biofuels like ethanol, asphalt, fertilisers, and food products like olive oil and molasses. ILTA advocates on behalf of the liquid terminal industry in Congress and at federal agencies. Liquid terminals and aboveground...