There is sufficient excess capacity in these facilities in order to accommodate the oil. We would probably wind up with the Federal Government leasing part of the facilities that are now controlled by these oil companies in order to accommodate this purpose. We would have to pay them a fee but the oil that was stored in there would then be for the use of the region, Pennsylvania, New Jersey, New York, New England.
Ed Markey: “There is sufficient excess capacity in these facilities in order to accommodate the oil. We would probably wind up with…”
On the recordJune 15, 2000
Source
govinfo.govEditor's note · Context
Discussing the potential leasing of oil storage facilities by the Federal Government.
Share
More from Ed Markey
Aug 8, 2026
This report shines a light on Trump’s cruel project to dismantle due process, strip immigrants of their lawful status, and turn our immigration courts into deportation machines.
Aug 27, 2026
This dangerous deal is the starting gun for a Middle East nuclear arms race.
Aug 14, 2026
Today’s unanimous committee passage of my Youth AI Privacy Act is a huge step forward for protecting kids’ privacy and safety in the age of AI,” said Senator Markey. “This vote demonstrates bipartisan support for robust privacy safeguards…
Aug 26, 2026
American children and their families deserve robust evidence-based immunization recommendations that are rooted in science.





