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Tag Archives: gasoline

Court of Appeals tweaks Exxon rulings

The state’s highest court will not change its decision to strip hundreds of Jacksonville residents and businesses of most of the damages two juries awarded in separate lawsuits against Exxon Mobil Corp., stemming from a gasoline leak that continued for more than a month in 2006.

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Court rejects ban, but ethanol fight continues

WASHINGTON — It’s a dilemma for drivers: Do they choose a gasoline that’s cheaper and cleaner even if, as opponents say, it could damage older cars and motorcycles? That’s the peril and promise of a high-ethanol blend of gasoline known ...

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Top court rejects punitive damages, orders new trials for Exxon leak

The state’s top court has eliminated the $1 billion award of punitive damages to Baltimore County residents stemming from a massive 2006 gasoline leak in Jacksonville, and wiped out or ordered new trials on much of the $650 million in compensatory damages as well.

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U.S. seen exceeding Saudi oil production by 2020

The United States will become the world’s largest oil producer by around 2020, temporarily overtaking Saudi Arabia, as new exploration technologies help find more resources, the International Energy Agency forecast on Monday. In its World Energy Outlook, the energy watchdog ...

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Top court hears Exxon cases

Maryland’s top court Monday will hear Exxon Mobil Corp.’s appeals of awards totaling more than $1.5 billion to two sets of Jacksonville residents who sued the oil giant over a massive 2006 gasoline leak, saying it poisoned their water, instilled in them a fear of contracting cancer and reduced the value of their homes to nothing.

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