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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)
09/04/201514:23:13Statement of Changes in Beneficial Ownership (4)
08/27/201509:26:00Trinity Industries, Inc. Provides Update on ET Plus® System
08/13/201513:30:00The Shuman Law Firm Investigates Trinity Industries Inc.
08/06/201509:40:00Technical Commentary on Railroads Stocks - CSX Corp., Union Pacific...
08/04/201517:24:27Current Report Filing (8-k)
07/24/201513:32:39Current Report Filing (8-k)
07/24/201512:13:42Quarterly Report (10-q)
07/23/201516:05:00Trinity Industries, Inc. Announces Strong Second Quarter 2015...
07/08/201516:05:00Trinity Industries, Inc. Announces Date for Earnings Release
07/02/201514:16:27Statement of Changes in Beneficial Ownership (4)
07/02/201514:14:44Statement of Changes in Beneficial Ownership (4)
07/02/201514:12:31Statement of Changes in Beneficial Ownership (4)
07/02/201514:11:35Statement of Changes in Beneficial Ownership (4)
07/02/201514:10:05Statement of Changes in Beneficial Ownership (4)
07/02/201514:09:12Statement of Changes in Beneficial Ownership (4)
07/02/201514:07:01Statement of Changes in Beneficial Ownership (4)
06/25/201511:17:00TRN Deadline Alert: The Law Offices of Howard G. Smith Announces...
06/23/201517:04:14Current Report Filing (8-k)
06/23/201516:47:00Important TRN Investor Deadline: Goldberg Law PC Reminds Investors...
06/23/201510:30:00TRN INVESTORS: Glancy Prongay & Murray Announces An Expanded...

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