Corroded pipeline in New Orleans breaks, spills 315,000 gallons of diesel [FOX Business Network]
PBF Energy Inc. Class A (PBF)
Last pbf energy inc. class a earnings: 2/13 06:30 am
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Source: FOX Business Network
A severely corroded pipeline ruptured and spilled more than 300,000 gallons of diesel fuel just outside New Orleans after the operator delayed needed repairs, according to federal records. Most of the fuel drained into two artificial ponds called "borrow pits" and thousands of fish, birds and other animals were killed, state and local officials said Wednesday. The spill also contaminated soil, according to state and federal officials. The pipeline's owner said 315,000 gallons (1.2 million gallons) of fuel with some water mixed in had been skimmed and recovered, primarily from the ponds. Cleanup work is ongoing. The spill from the 16-inch-diameter (40-centimeter-diameter) line operated by Collins Pipeline Co. was discovered Dec. 27 near a levee in St. Bernard Parish, just east of New Orleans, according to documents from the Pipeline and Hazardous Materials Safety Administration. The spill had not been previously publicly reported. WHY GAS PRICES ARE RISING DESPITE DEMAND FALLI
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PBF
Earnings
- 2/15/24 - Miss
PBF
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/26/24 - Form 144
- PBF's page on the SEC website