Oil Pipeline Operator Set to Pay $50 Million to Settle Suit Over 2021 Spill in Huntington Beach

[Epoch-Times-Bot]

Oil Pipeline Operator Set to Pay $50 Million to Settle Suit Over 2021 Spill in Huntington Beach

Groups affected by the 2021 oil spill off the coast of Huntington Beach will receive $50 million in financial compensation from the pipeline operator, Amplify Energy, according to court records filed Oct. 17.
The agreement requires Amplify to pay $34 million to fishers, $9 million to property owners, and $7 million to tourism industry, including whale-watching companies, according to attorney Wylie Aitken, who leads a legal team representing the plaintiffs. Funding will come from the company's insurance to compensate an estimated 100,000 people.
"We are pleased to have reached an agreement ... we negotiated in good faith and believe we have come to a reasonable and fair resolution," Martyn Willsher, Amplify's president and CEO, said in an Aug. 25 statement....

Source: Oil Pipeline Operator Set to Pay $50 Million to Settle Suit Over 2021 Spill in Huntington Beach

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