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Minerals Management Service Questioned At Senate Hearing

By Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The Interior Department's Minerals Management Service came under scrutiny Tuesday as lawmakers questioned whether oversight of oil-rig safety equipment was adequate. Bud Danenberger, the former head of MMS's offshore regulatory program, told the U.S. Senate Energy and Natural Resources Committee that the agency needs "more data on the performance of" shear rams, a key part of deepwater-drilling safety equipment that is supposed to shear off, or cut, pipes, as a last resort in the event of a blowout. "Isn't that what MMS is supposed to do?" asked Jeff Sessions (R, Ala.), who said that oil from the April 20 accident is starting to lap up on the Alabama coastline. "Could they have mandated changes so that they could be certain to work?" The former regulator said that all components of the safety equipment, known as a blowout preventer, are pressure tested and certified. But Sen. Bob Menendez (D, N.J.) questioned whether the test was "appropriate" in retrospect given the explosion. "Why is it that the testing always seems to pass and yet when it was needed it failed?" Menendez asked. Danenberger said that "it's an appropriate test" but "whether more needs to be done we'll have to learn that." Blowout preventers are tested every 14 days. Federal regulators had previously required testing every seven days. -By Siobhan Hughes, Dow Jones Newswires; 202-862-6654;

Stock News for Trinity Industries (TRN)
03/08/201718:45:00Trinity Industries, Inc. Declares Quarterly Dividend
03/01/201716:24:05Current Report Filing (8-k)
02/17/201714:58:16Current Report Filing (8-k)
02/17/201712:27:04Annual Report (10-k)
02/16/201716:15:00Trinity Industries, Inc. Announces Fourth Quarter and Full Year...
02/14/201710:12:29Statement of Ownership (sc 13g)
02/13/201710:02:32Amended Statement of Ownership (sc 13g/a)
01/30/201716:16:00Trinity Industries, Inc. Announces Date for Earnings Release
01/27/201706:07:19Amended Statement of Ownership (sc 13g/a)
01/04/201717:22:19Statement of Changes in Beneficial Ownership (4)
01/04/201717:21:00Statement of Changes in Beneficial Ownership (4)
01/04/201717:18:50Statement of Changes in Beneficial Ownership (4)
01/04/201717:17:33Statement of Changes in Beneficial Ownership (4)
01/04/201717:15:49Statement of Changes in Beneficial Ownership (4)
01/04/201717:13:41Statement of Changes in Beneficial Ownership (4)
01/04/201717:11:55Statement of Changes in Beneficial Ownership (4)
12/13/201614:57:52Securities Registration: Employee Benefit Plan (s-8)
12/08/201616:57:00Trinity Industries, Inc. Declares Quarterly Dividend
11/04/201618:21:11Statement of Changes in Beneficial Ownership (4)
11/04/201618:09:55Initial Statement of Beneficial Ownership (3)

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