Seeking Alpha

Montana, feds to seek damages in Exxon crude spill into Yellowstone

  • Montana and federal officials tell Exxon Mobil (XOM) they will seek damages for injuries to birds, fish and other natural resources from a crude oil spill into the Yellowstone River two years ago.
  • XOM's Silvertip pipeline broke near Laurel during flooding in July 2011, releasing 63K gallons of oil that washed up along an 85-mile stretch of the river.
  • XOM has told regulators it spent $135M on the cleanup and related repair work; separate fines totaling $3.4M for safety and water pollution violations already have been resolved or are pending before state and federal agencies.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector