ECS Eclipse News

January 12, 2012 (comments: 0)

Daily Inventory Reconciliation

Did you know that the Ohio Bureau of Underground Storage Tank Regulations (BUSTR) effective earlier this year eliminated the requirement for monthly inventory reconciliation for UST systems?  That’s right, the rule effective May 16, 2011 - O.A.C. 1307:7-9-07 - states that daily inventory control with monthly reconciliation is no longer required.

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February 12, 2010 (comments: 0)

Gasoline theft. A true story.

Retail petroleum operators often ask, “Why should I bother to reconcile my gasoline inventory? It’s all there, right?” We would all hope that the most valuable product sold at the convenience store/gas station is all accounted for and appropriately sold, but this is not always the case. The story below is a true summary of a recent theft event that cost a petroleum marketer a loss in excess of $80,000 dollars.

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