The Department of Transportation says Exxon (XOM) should pay $1.7M in connection with a 2011...


The Department of Transportation says Exxon (XOM) should pay $1.7M in connection with a 2011 incident during which heavy flooding caused a pipe to rupture spilling 1,500 barrels of oil into Montana's Yellowstone River. The DOT claims the company dismissed warnings prior to the flood and did not take steps to minimize the spill once the pipeline ruptured. Exxon says it will "learn from the incident" but also notes it is "disappointed" with the DOT's assessment. 

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Comments (3)
  • BruceInKY
    , contributor
    Comments (445) | Send Message
     
    What do you want to bet that DOT spent $5-10M litigating this incident?
    25 Mar 2013, 11:00 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4371) | Send Message
     
    It was taxpayer money, not "real" money...
    26 Mar 2013, 09:03 AM Reply Like
  • Veritas1010
    , contributor
    Comments (3196) | Send Message
     
    Heck, we'll just print more. It's fiat anyway. Wait until things really start improving economically with the flood of fiat dollars and a government off the leash and out of control in all areas!

     

    Oh, happy day!!!
    26 Mar 2013, 10:15 PM Reply Like
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