MTBE Settlement Could Grow if More Contamination Is Found

Posted on Friday 9 May 2008

Major oil companies' multimillion-dollar payment to 153 public water systems to cleanse wells of a potentially carcinogenic gasoline additive could grow if more tainted wells are discovered over the next 30 years. Companies including ConocoPhillips, Chevron, BP PLC's BP America, Royal Dutch Shell PLC's Shell Oil, Valero Energy and Marathon Oil agreed to pay $422 million to settle lawsuits claiming wells were contaminated by MTBE, a chemical that was once a key gasoline ingredient.

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