Notice2026-10765
Availability of Report “Monetizing the Benefits of Avoided Oil Spills in the Maritime Environment”
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 29, 2026
Issuing agencies
Homeland Security DepartmentCoast Guard
Abstract
The Coast Guard announces the availability of a report titled "Monetizing the Benefits of Avoided Oil Spills in the Maritime Environment". This report was written to update the value of avoided oil spills used by the Coast Guard in regulatory analyses. The Coast Guard requests public comments on the report.
Full Text
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<title>Federal Register, Volume 91 Issue 103 (Friday, May 29, 2026)</title>
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[Federal Register Volume 91, Number 103 (Friday, May 29, 2026)]
[Notices]
[Pages 32066-32067]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-10765]
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DEPARTMENT OF HOMELAND SECURITY
Coast Guard
[Docket No. USCG-2026-0048]
Availability of Report ``Monetizing the Benefits of Avoided Oil
Spills in the Maritime Environment''
AGENCY: Coast Guard, DHS.
ACTION: Notice of availability and request for comments.
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SUMMARY: The Coast Guard announces the availability of a report titled
``Monetizing the Benefits of Avoided Oil Spills in the Maritime
Environment''. This report was written to update the value of avoided
oil spills used by the Coast Guard in regulatory analyses. The Coast
Guard requests public comments on the report.
DATES: Comments must be submitted to the online docket via <a href="https://www.regulations.gov">https://www.regulations.gov</a> on or before July 28, 2026.
ADDRESSES: You may submit comments identified by docket number USCG-
2026-0048 at <a href="https://www.regulations.gov">https://www.regulations.gov</a>. See the ``Public
Participation and Request for Comments'' portion of the SUPPLEMENTARY
INFORMATION section for further instructions on submitting comments.
FOR FURTHER INFORMATION CONTACT: For information about this document
contact Chris Lauer, Coast Guard; email: <a href="/cdn-cgi/l/email-protection#72311a001b01061d021a17005c185c1e1307170032070111155c1f1b1e"><span class="__cf_email__" data-cfemail="e6a58e948f959289968e8394c88cc88a87938394a693958581c88b8f8a">[email protected]</span></a>;
phone: (206) 827-4319.
SUPPLEMENTARY INFORMATION:
Public Participation and Comments
We encourage you to submit comments or related material on the
data, methods and values presented in the report. We will consider all
submissions and may adjust our final action based on your comments. If
you submit a comment, please include the docket number for this notice,
indicate the specific section of this document to which each comment
applies, and provide a reason for each suggestion or recommendation.
Submitting comments. We encourage you to submit comments at <a href="http://www.regulations.gov">http://www.regulations.gov</a>. To do so, go to <a href="https://www.regulations.gov">https://www.regulations.gov</a>, type
USCG-2026-0048 in the search box and click ``Search.'' Next, look for
this document in the Search Results column, and click on it. Then click
on the Comment option. If your material cannot be submitted using
<a href="http://www.regulations.gov">http://www.regulations.gov</a>, contact the person in the FOR FURTHER
INFORMATION CONTACT section of this document for alternate
instructions.
Viewing material in docket. To view documents mentioned in this
notice as being available in the docket, find the docket as described
in the previous paragraph, and then select ``Supporting & Related
Material'' in the Document Type column. Public comments will also be
placed in our online docket and can be viewed by following instructions
on the <a href="https://www.regulations.gov">https://www.regulations.gov</a> Frequently Asked Questions web page.
Personal information. We accept anonymous comments. Comments we
post to <a href="https://www.regulations.gov">https://www.regulations.gov</a> will include any personal
information you have provided. For more about privacy and submissions
in response to this document, see DHS's eRulemaking System of Records
notice (85 FR 14226, March 11, 2020).
Discussion
The Coast Guard is making available a report titled ``Monetizing
the Benefits of Avoided Oil Spills in the Maritime Environment''
prepared by Industrial Economics Inc. This report was written to update
the value of avoided oil spills used by the Coast Guard in regulatory
analysis. Coast Guard has been using an avoided cost approach to value
prevented oil spills in its regulatory analyses. The estimated cost
which had been in use since 2008 was based on an average cost per
gallon spilled and was developed using data about payments from the Oil
Spill Liability Trust Fund that occurred from 2002-2007. Coast Guard
has updated our methods for
[[Page 32067]]
valuing avoided oil spills using newer, more current data and revised
methods. In this report, we describe our review of available literature
and datasets, our selection of a valuation method based on current best
practices, and the development of recommended values. We request your
comments on the data, methodology, models, and findings presented in
this report. A copy of the report is available in the docket.
This notice is issued under authority of 5 U.S.C. 552.
Timothy M. Brown,
Chief, Office of Standards Evaluation and Development.
[FR Doc. 2026-10765 Filed 5-28-26; 8:45 am]
BILLING CODE 9110-04-P
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