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Conclusion <br />Did you know that <br />■ Each year about 14,000 oil spills are reported, per the EPA website? <br />■ It is estimated that in the US there are 618,000 facilities that are regulated under <br />EPA -SPCC? <br />■ There maybe more "regulated" aboveground storage tanks than underground storage <br />tanks in the United States? <br />■ Tanks under 300,000 gallons likely represent 90% of the actual tank units in operation? <br />■ STI estimates that as many as 4 million shop -fabricated tanks have been produced since <br />the mid -1960's for purposes of storing oil? It is difficult to assess how many of these <br />tanks are still in use today, but anecdotal evidence suggests that tanks are often used for <br />40 years or more. <br />With this significant population of tanks, risk-based inspection schedules become even more <br />important. As discussed above, the use of risk-based inspection schedules benefit tank owners <br />and regulators. SP001 provides a means to accomplish this without the use of outside RBI <br />experts. <br />15 <br />