Plains All American Pipeline, a partnership that transports, markets and stores liquified petroleum gas and petroleum in Canada and the U.S., has agreed to pay $72.5 million to settle a lawsuit over the 2015 Refugio Beach oil spill.
The spill occurred when one of the company’s pipes broke, releasing an estimated 126,000 gallons of oil into the Pacific Ocean and the Santa Barbara County coastline.
The California State Lands Commission and Aspen American Insurance filed a...