UPDATE: Two oil companies and levee board settle for $50,000

SloMotion · 10-31-2014, 05:57 AM

Originally Posted by Clancy DuBos, Blog of New Orleans

While the dollar amount of the settlement seems small at first glance, the fact that two oil companies have admitted responsibility for increased public exposure to hurricane-related flooding due to their operations in coastal wetlands — and agreed to pay damages — is huge. The settlement marks the first time an admission of this kind, along with payment of damages, has ever been made by energy companies.

That's what I was thinking at first, only $50k? Good article, very informative,

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10-31-2014, 05:57 AM	#2
SloMotion 5000 POSTS! + Join Date: Jan 2012 Posts: 6,776 Blog Entries: 15	Re: UPDATE: Two oil companies and levee board settle for $50,000 Originally Posted by Clancy DuBos, Blog of New Orleans While the dollar amount of the settlement seems small at first glance, the fact that two oil companies have admitted responsibility for increased public exposure to hurricane-related flooding due to their operations in coastal wetlands — and agreed to pay damages — is huge. The settlement marks the first time an admission of this kind, along with payment of damages, has ever been made by energy companies. That's what I was thinking at first, only $50k? Good article, very informative, .