What must an owner or operator do after identifying a reportable release from a storage tank?

After identifying a reportable release from a storage tank, it is essential for the owner or operator to submit proof of financial responsibility. This requirement is rooted in regulations that aim to ensure the safe management of underground storage tanks and the ability to address any potential environmental contamination that may result from a release. Financial responsibility demonstrates that the owner or operator has the necessary funds to cover costs associated with cleanup, liability, and damages.

When a release is reported, it triggers a series of regulatory obligations to mitigate any harmful effects on the environment and public health. Demonstrating financial responsibility helps ensure that funds are available to tackle the necessary remediation efforts, thus supporting effective and timely responses to leaks or spills.

In contrast, actions such as submitting a formal complaint or notifying local news media are not standard procedures following the identification of a release and do not directly address the immediate obligations associated with the release. Additionally, while sealing the tank might seem like a prudent action, it is not an explicit requirement under regulations and does not substitute for the necessary proof of financial responsibility following a reportable release.