Plains All American Pipeline has agreed to pay $72.5 million to settle a lawsuit over the 2015 Refugio Beach oil spill in Santa Barbara, a filing showed on Tuesday.
The spill occurred after a pipeline, which ran across California’s coastline, ruptured and spilled an estimated 126,000 gallons of oil into the ocean and on the beaches.
In 2020, the California State Lands Commission and insurance firm Aspen American Insurance had sued Plains All American – the operator of the failed pipeline – alleging negligence, willful misconduct, and interference with prospective economic advantage.
The state of