EXXON MOBIL ESTIMATES SPILL WILL COST $42MILLION
|
Exxon Mobil has told federal regulators that its oil
pipeline spill into Montana's Yellowstone River will cost an
estimated $42.6million (approximately £26million).
|
|
|
|
That figure was included in documents obtained by The Associated
Press as a result of a public information request submitted to
federal pipeline regulators. The break in a pipeline on 1
July resulted in a spill of an estimated 42,000 gallons or 1,000
barrels of crude oil into the scenic waterway.
Exxon Mobil's cost estimate includes $40million (approximately
£24million) for emergency response work and £2.5million
(approximately £1.5million) for damage to public and private
property. The company valued the lost oil at $100,000
(approximately £60,544).
About 1,000 people have been involved in mopping up the spill,
which fouled dozens of miles of riverbank.
|
Matthew Brown writes for OfficialWire
Back