U.S. oil-storage industry fines soar on air, water violations

HOUSTON - Fines for violations of air, water and waste regulations by U.S. petroleum storage facilities so far this year have exceeded all of last year - even without including two major Houston-area disasters in the last month still under investigation - according to a Reuters analysis of federal data.

U.S. petroleum storage operators have added millions of barrels of capacity since 2015 when the United States lifted a 40-year ban on crude exports. That figure does not include two incidents in Texas for which federal and state investigations are underway, but no fines have yet been assessed. Weeks later, a blast and fire at a separate plant north of Houston that makes an aviation fuel component killed one worker and injured two others.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook expects up to $5 billion in FTC fines - Reuters TVWhat’s the cost for Facebook’s massive data privacy breach that’s rocked the company in the past year? Facebook thinks it could be as much as $5 billion dollars. TV Y a mi como afectado cuanto me corresponde?.......'L' TV Are they hoping to keep it down to $5bn? TV That's OK because they made $5 billion during the 2016 election hoax. They've had use of the money for 2-3 years. Look at it as a break-even at the expense of the American people.
Source: Reuters - 🏆 2. / 97 Read more »

Alphabet earnings: Google juggles good investments with being a target for EU finesAlphabet Inc. absolutely destroyed earnings expectations in every quarter in 2018 — but there are two big reasons for that. Google prices$1500 Soon. My thought $GOOGL $1500 after ER.
Source: MarketWatch - 🏆 3. / 97 Read more »