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19 Tex. Wesleyan L. Rev. 391 (2012-2013)
Missouri Oil and Gas Update

handle is hein.journals/twlr19 and id is 403 raw text is: MISSOURI OIL AND GAS UPDATE 4TH By: Nadia B. Ahmad TABLE OF CONTENTS I. INTRODUCTION.......................................... 391 II. REGULATORY CHANGES TO STORAGE TANK SYSTEMS . 392 A. Updated Terminology ........................ 393 B. Installation Requirements and Performance Standards ................................. 394 C. Prevention and Detection Equipment Methodology . ............................. 395 D. Maintenance and Repairs ..................... 396 E. Recommendations and Best Practices ............. 396 III. COMMON LAW UPDATES ................................ 397 I. INTRODUCTION The State of Missouri has untapped potential for the development of oil and natural gas resources. While the Missouri courts were quiet this past year on interpreting oil and gas rules and regulations, the legislature was active in amending laws governing storage tanks.2 The state has experienced a tremendous upsurge in oil and gas production in the past two fiscal years.' Missouri is poised to ramp up its conven- tional oil and gas production in the coming years, so increased legisla- 1. Nadia B. Ahmad is a Legal Fellow with the Colorado-based Sustainable De- velopment Strategies Group. LL.M. University of Denver; J.D. University of Florida; B.A. University of California at Berkeley. 2. See generally Mo. CODE REGs. ANN. tit. 10, §§ 26-1.010 to -5.030 (2012). 3. Oil and Gas In Missouri, Mo. DEP'T OF NATURAL REs., http://dnr.mo.gov/ geology/geosrv/ogc/index.html (last visited Sept. 26, 2012). For the fiscal year 2011, figures totaled 112,508 barrels of oil produced. Id. 391

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