$230M settlement reached over 2015 California oil spill

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$230M settlement reached over 2015 California oil spill
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The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 has agreed to pay $230 million to settle a class-action lawsuit brought by fishermen and property owners, court documents show.

Houston-based Plains All American Pipeline agreed to pay $184 million to fishermen and fish processors and $46 million to coastal property owners in the settlement reached Friday, according to court documents.

Plains All American Pipeline officials didn't immediately return a message Saturday from The Associated Press seeking comment. A federal investigation said 123,000 gallons spilled, but other estimates by experts in liquids mechanics were as high as 630,000 gallons. Plains apologized for the spill and paid for the cleanup. The company's 2017 annual report estimated costs from the spill at $335 million, not including lost revenue. The company also revised its plans for dealing with onshore pipeline spills.

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