The U.S. Coast Guard is monitoring a situation in which dozens of oil tanker vessels are floating around the Southern California coast as they wait to dock while the country wrestles with what to do with the current glut in crude.
Read MoreTag: US Coast Guard
US Coast Guard Will Fine Company $40,000 A Day if it Doesn’t Clean Up its Oil Spill
by Tim Pearce The U.S. Coast Guard has ordered a U.S. energy company to plug a 14-year-old offshore oil leak or face a rolling fine of $40,000 a day, The Washington Post reported. Taylor Energy must “institute a … system to capture, contain, or remove oil” from its former…
Read More