Thursday, June 17, 2010

Chevron's (NYSE:CVX) Spill Cleanup Continues

Emergency teams have been working on Chevron's (NYSE:CVX) spill cleanup since Saturday at the Salt Lake City, Red Butte Creek oil spill site. A formal plan of how they plan to proceed has not been released and is said to be weeks away. Although, we are ensured that does not mean cleanup isn't happening.

Dan Johnson, a Chevron spokesman said, "on Saturday we immediately began to soak up oil. That's why we have collected 500 barrels so far. There's still 300 more out there and we will work diligently to clean it up." The formal cleanup plan will be part of Chevron's official response to a notice of violation. This is not expected to be done for around another 10 days.

The NOV is the official process for environmental disasters, making Chevron legally liable as well. The EPA has given credit to Chevron for their aggressive cleanup and taking full responsibility. The EPA stated, "we expect and will work to ensure they remain responsive. EPA has been and will continue to review and provide direction on incident objectives and progress made under those objectives. We will ensure that actions taken are sufficient to clean up the spill."

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