Exxon Says Yellowstone Spill Could Cost $135M

Law360, New York (November 4, 2011, 10:08 PM EDT) -- The pipeline leak that dumped 50,000 gallons of oil into Montana's Yellowstone River earlier this year will cost ExxonMobil Oil Corp. $135 million, the oil giant reportedly said Friday.

Exxon told the Associated Press that the recovery and repair efforts — including replacing part of the broken pipeline with a new one buried well below the river — would cost $135 million, three times more than estimated.

A representative for Exxon could not immediately be reached for comment Friday.

Exxon's 69-mile Silvertip Pipeline broke July 1...
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