Record $9.6 million fine for Third Coast after substantial oil spill in the Gulf of Mexico
- Posted on January 5, 2026
- By Yahoo News
- 3 Views
Record $9.6 million fine for Third Coast after substantial oil spill in the Gulf of Mexico
Pipeline safety regulators on Monday assessed their largest fine ever against the company responsible for leaking 1.1 million gallons of oil into the Gulf off the coast of Louisiana in 2023. This single fine is close to the normal total of $8 million to $10 million in all fines that the Pipeline and Hazardous Materials Safety Administration hands out each year. Pipeline Safety Trust Executive Director Bill Caram said this spill “resulted from a company-wide systemic failure, indicating the operator’s fundamental inability to implement pipeline safety regulations,” so the record fine is appropriate and welcome.