Final answer:
The Petroleum Tank Release Cleanup Fund in Minnesota is also known as the Petrofund and is administered by the Minnesota Pollution Control Agency (MPCA). It provides financial assistance for the cleanup and compensation of petroleum tank releases.
Step-by-step explanation:
The Petroleum Tank Release Cleanup Fund in Minnesota is also known as the Petrofund. This fund was established to provide financial assistance for the cleanup of petroleum tank releases and to compensate for damages caused by these releases. It is administered by the Minnesota Pollution Control Agency (MPCA), which oversees the assessment and remediation of contaminated sites.