Dealers Unite to Sue Exxon Mobil
A federal judge has certified a nationwide class action suit against Irving, Texas-based Exxon Mobil Corp., uniting nearly 70,000 gas station owners against the world's largest oil company.
Judge Edward Prado of the U.S. District Court for the Western District of Texas in San Antonio certified the suit, which alleges the company unfairly determined payments royalty holders should receive, Reuters reported.
Under the terms of the suit, store owners allege that ExxonMobil and its affiliates have engaged in a "gas value chain" scheme of operation in which Exxon allows its affiliates to produce, gather, process, transport, and market the gas, while making unreasonable and excessive profits at each stage of the chain, the report said.
In another suit, jurors in New Orleans found ExxonMobil contaminated land in the city while servicing its pipelines.
Jurors ruled radioactive waste, a byproduct of oil-pipe cleaning, was deposited on the land by Intercoastal Tubular Services, which works under contract with ExxonMobil, and ordered the company to pay $1.06 billion in damages. The company said it plans to appeal the verdict.
Judge Edward Prado of the U.S. District Court for the Western District of Texas in San Antonio certified the suit, which alleges the company unfairly determined payments royalty holders should receive, Reuters reported.
Under the terms of the suit, store owners allege that ExxonMobil and its affiliates have engaged in a "gas value chain" scheme of operation in which Exxon allows its affiliates to produce, gather, process, transport, and market the gas, while making unreasonable and excessive profits at each stage of the chain, the report said.
In another suit, jurors in New Orleans found ExxonMobil contaminated land in the city while servicing its pipelines.
Jurors ruled radioactive waste, a byproduct of oil-pipe cleaning, was deposited on the land by Intercoastal Tubular Services, which works under contract with ExxonMobil, and ordered the company to pay $1.06 billion in damages. The company said it plans to appeal the verdict.