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State Recieves $150,000 Settlement From ExxonMobil For Costs Of Petroleum Cleanups

CONTACT: John Beling, Assistant Attorney General, (802) 828-5518

January 23, 2009 - Under a settlement with ExxonMobil Corporation, Vermont will receive $150,000 to resolve its claim against the company for costs expended by the State to clean up petroleum contamination at several service stations around Vermont. The State’s claim was based upon allegations that ExxonMobil received reimbursement from its insurers for costs that were paid by the State’s Petroleum Cleanup Fund, or PCF. The PCF is used to cover costs of cleanup of spills not covered by insurance.

Between 1999 and 2003, ExxonMobil settled claims with insurers for all of its environmental liabilities, including petroleum cleanups. While those settlements never mentioned any Vermont cleanups, the State believed that some portion of the settlements should have been attributed to cleanups that were funded by the PCF. Under the terms of the settlement, ExxonMobil paid $150,000 to the PCF to settle any claim Vermont could have made pertaining to the settlements.

"This is a good settlement that will put money back in the Fund for other necessary environmental cleanups in Vermont.” said Attorney General William H. Sorrell.

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