"ExxonMobil To Pay $12 Million In Montana Oil Spill Settlement"

"ExxonMobil Corp. has agreed to pay $12 million to Montana and the U.S. government to restore natural resources damaged or destroyed by a pipeline rupture in 2011 that spilled oil into the Yellowstone River, according to a settlement proposed on Wednesday.

ExxonMobil Pipeline Company's Silvertip pipeline burst July 1, 2011 at a crossing beneath the flood-swollen Yellowstone River near Billings, Montana, about 150 miles (241 km) downstream from Yellowstone National Park.

The release of 1,500 barrels of crude oil affected 85 miles of a river known for its near pristine waters, wealth of wildlife and world-class fisheries."

Laura Zuckerman reports for Reuters September 21, 2016.

Source: Reuters, 09/22/2016