EVT1
Junior Associate
Joined: Dec 30, 2010 16:22:42 GMT -5
Posts: 8,596
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Post by EVT1 on Apr 18, 2015 20:20:32 GMT -5
www.csmonitor.com/USA/USA-Update/2015/0418/Another-PG-E-pipeline-explosion-What-was-learned-from-the-2010-explosion-video
This was not PG&E's biggest pipeline rupture to date. In 2010, a pipeline explosion in the San Francisco suburb of San Bruno killed eight people. Back then, poor oversight and decades of neglect on a pipeline that was installed in 1956 was blamed for the explosion that leveled more than three dozen homes, SF Gate reported.
The National Transportation Safety Board's (NTSB) review of the 2010 explosion also criticized PG&E because the company did not shut off gas to the ruptured pipe until 90 minutes after the explosion occurred. The NTSB also chided state regulators for not keeping better tabs on the utility. PG&E records showed the pipe as smooth and unwelded, but the NTSB found in reality the 60-year-old, 30-inch diameter pipe was held to together with a patchwork of welding jobs.
In addition to the state penalties, PG&E still faces 27 federal charges including lying to investigators and violating federal pipeline safety requirements. If convicted, the company could be forced to pay another $1 billion in penalties
Anyone think the billionaire in charge is at risk for liability 
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marvholly
Junior Associate
Joined: Dec 21, 2010 11:45:21 GMT -5
Posts: 6,540
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Post by marvholly on Apr 19, 2015 5:24:39 GMT -5
Fat chance of the individual being held liable. Slim chance of the company and/or it's insurance company being anything/much out of pocket.
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NastyWoman
Senior Associate
Joined: Dec 24, 2010 20:50:37 GMT -5
Posts: 14,355
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Post by NastyWoman on Apr 19, 2015 16:18:57 GMT -5
Never mind what the penalties are. They'll just raise the rates to cover their "losses"  |
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mroped
Senior Member
Joined: Nov 17, 2014 17:36:56 GMT -5
Posts: 3,453 
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Post by mroped on Apr 19, 2015 21:21:22 GMT -5
Every time someone buys a cubic foot of gas from them ther is built in price a tiny bit for "what if"!
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NastyWoman
Senior Associate
Joined: Dec 24, 2010 20:50:37 GMT -5
Posts: 14,355
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Post by NastyWoman on Apr 19, 2015 22:11:03 GMT -5
Every time someone buys a cubic foot of gas from them ther is built in price a tiny bit for "what if"! True, but that's not enough since they pay out their "profits" in the form of dividends. This has in the past included money collected from rate raises for infrastructure improvement. And now to pay for the improvements, the fines, and future dividends they are really going to sock it to their customers. Can you tell that I'm happy to be among the small minority in this region that does not have to deal with them  |
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