Exxon's $2.7M Pegasus Pipeline Fine 2nd Highest In 5 Years

Law360, Los Angeles (November 15, 2013, 6:51 PM EST) -- A letter posted Thursday detailed U.S. regulators’ finding that Exxon Mobil Corp. should pay a $2.7 million fine for alleged safety violations on its 850-mile Pegasus pipeline that gushed some 19,000 barrels of oil in Mayflower, Ark., in March.

The proposed fine, first posted in a notice on Nov. 6, is the second-highest fine issued by the U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration in five years, according to data from the agency. It was triggered by Exxon’s alleged violation of nine regulations, according...
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