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California PUC fines PG&E record $1.4 billion for pipeline violations
Oil & Gas Journal: The California Public Utilities Commission (CPUC) fined Pacific Gas & Electric Co. a record $1.4 billion for the unsafe operation of its natural gas pipeline system in 2010, including an explosion in San Bruno, Calif., that killed 8 people, injured 66 more, and destroyed 38 homes.
Commission members approved Pres. Michael Picker’s Sept. 2, 2014, penalty proposal in an Apr. 9 decision that will require shareholders of parent PG&E Corp. to bear the fine’s cost, which is $200 million more than what administrative law judges proposed.
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