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What is an UST? An underground storage tank system is a tank and any underground piping connected to the tank that has at least 10 percent of its combined volume underground. The federal UST regulations apply only to UST systems storing either petroleum or certain hazardous substances .
Underground Storage Tank (UST) Insurance typically covers the cost of cleaning up pollution caused by leaking tanks, the repair or replacement of the damaged tank, liability for injury to third parties or damage to their property, and defense costs associated with claims.
There are more than 553,000 USTs nationwide storing petroleum and other hazardous substances.
About 95% of all USTs store petroleum products like gasoline or oil. Tanks may hold industrial chemicals, pesticides, or even food products. USTs are closely regulated because leaking tanks have the potential to contaminate the soil or ground water.
Its a loaded question, and unfortunately, the answer is most likely no. Your oil barrel contains dangerous chemicals that could pose a risk to your home and the property surrounding it.
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Just like vehicles and pieces of equipment, underground storage tanks (USTs) have a lifespan of their own and eventually need to be replaced. On average, tanks can last around 25 years. That said, if tanks are close to retirement age and show signs of corrosion and rust, then its probably time to purchase new tanks.
If you do discover a UST on your land, stop your work immediately and assess the situation. If you determine that there is any chance whatsoever of a leak, here are a few steps to take, as recommended by the EPA: Try to stop and contain the leak as quickly as possible. Call your local or state regulatory agency.
Guide to Underground Water Tanks. Underground Water Storage is a practical and efficient solution for managing water resources. It involves the installation of storage tanks or reservoirs below the ground surface to collect and store rainwater or other water sources.

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