Canadian Business Magazine
April 2, 2008 – 3:12 p.m.
WASHINGTON (AP) – Shell Oil Co. will pay a $75,000 fine and retire two storage tanks at a cost of more than $1 million to settle charges that it violated the Clean Air Act.
The Environmental Protection Agency announced Wednesday the settlement with Shell subsidiary Motiva Enterprises LLC.
The two storage tanks were improperly maintained and leaked gasoline vapors, the agency alleged. The tanks are in a gasoline terminal owned by Motiva where gas is loaded onto tanker trucks, the agency said. The terminal is in Bridgeport, Conn.
The settlement requires Motiva to retire the tanks and replace them with new, larger capacity tanks by the end of this year, the EPA said.
The gasoline vapors contribute to ground-level ozone and smog, the EPA said. Ground-level ozone can aggravate asthma and damage lung cells.
Shell Oil is a subsidiary of Netherlands-based Royal Dutch Shell. Royal Dutch Shell’s shares rose 71 cents to $68.77 in afternoon trading.