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To: DewDiligence_on_SI who wrote (134840)	6/14/2010 12:06:28 PM
From: Brumar89	Respond to of 206201

Chevron says volume, source of Utah crude leak not yet determined I agree Chevron is not BP, but this is interesting considering how Chevron is often lauded here. 13 June, 2010 Platts Commodity News Houston (Platts)--13Jun2010/957 am EDT/1357 GMT Chevron, which shut a crude pipeline Saturday due to an oil spill in the Salt Lake City, Utah, area, has not yet determined the origin of the leak or the volume of oil that escaped, according to a company statement obtained Sunday morning. Early Saturday morning, "Chevron Pipe Line Company (CPL) was notified of a spill in north Salt Lake City near Red Butte Canyon in the vicinity of a CPL crude oil pipeline," the company said, adding that it received the notification from the Salt Lake City fire department, which was responding to a transformer fire in the area. "CPL personnel were immediately dispatched to shut in the line and begin containment. Crude oil migrated into a drainage creek and boom has been put in place to contain it," the company added. "The migration down the creek has stopped." "Neither the source of the leak or the quantity of oil released has been determined at this time," Chevron said. Still, "Chevron takes full responsibility for the incident," it said. A local newspaper reported 20,000 gallons, which would be about 476 barrels, had leaked (story 1306 GMT). [ And now for the really vital stuff: ] Birds affected by the spill were being washed at the area zoo, according to the Chevron statement. "We regret that the incident occurred and we appreciate the care and support provided by volunteers and zoo staff." Chevron's Salt Lake pipeline terminal "has initiated its emergency response procedures with specially trained company personnel and contractors responding as part of a comprehensive program to ensure the safety of the surrounding community and mitigate any environmental impacts," it added. The statement did not mention any possible effects on area refineries and the spokesman in California who supplied the statement via e-mail did not immediately respond to follow-up questions early Sunday morning.

To: DewDiligence_on_SI who wrote (134840)	6/14/2010 5:20:58 PM
From: Elroy Jetson	2 Recommendations Read Replies (2) \| Respond to of 206201

Chevron has always believed safety, good environmental practices and adherence to the law is a strong competitive advantage. When something does go wrong, the most important thing you can do is tell the truth and do what you can to make it right. With their senior management ranks decimated, coupled with years of deferred maintenance, BP has been uniquely "unlucky". BP has experienced exponentially more serious accidents than other major oil firms. Without strong management in place one misguided bonehead can endanger the entire company, even worse you can end up with clusters of boneheads, or even a company-wide culture of bad practices. Some major oil and gas CEO had to say something otherwise BP will damage the entire oil and gas industry. .