Utah regulators have issued citations to Chevron Corp. (NYSE:CVX) for the oil leak from a pipeline which entered into Red Butte Creek in Salt Lake City.
Oil also laid in a pond at a city park, while also migrating into the Jordan River.
Fines from the citations could begin at $10,000 a day for the duration of the polluted waterways, and could go as high as $25,000 a day if it is ruled it came about from gross or willful negligence.
The state regulators said they're waiting for the response from Chevron before deciding on whether to issue fines or not.
That sounds odd to me, as it's irrelevant as to the response of Chevron to the situation. It was either negligence or not.
According to Chevron, they believe the oil leak was the result of a melted hole in the casing of the pipe from a power line short. That power line went through a utility fence post, which evidently resulted in the melted pipe.
No comments:
Post a Comment