Oil Companies

Shell Oil Co., Shell Oil Products Co., Equilon Enterprises, Shell Pipeline Co., TRM CO., ChevronTexaco Corp., Chevron USA Inc., Exxon Mobil Corp., Mobil Oil Corp., Thrifty Oil Co., and Best California Gas will pay $1.5 million to settle allegations of water contamination. The companies added MTBE to gasoline for cleaner burning but the substance leaked into Santa Monica groundwater. (Feb-16-05) [FUTURES FX STREET]

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