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Nothing I say should be construed as financial advice, or legal advice, or any advice what so ever.
Oct 15 29 tweets 4 min read
🧵 Sable Offshore Corp ($SOC) and Pacific Pipeline Company (PPC) are making pipeline repairs and installing safety valves by federal law, including the 2020 Consent Decree, Hazardous Liquid Pipeline Safety Act (HLPSA), and 49 CFR Part 195. Let’s break it down! ⚖️ #PipelineSafety The 2020 Consent Decree signed by federal agencies like the DOJ, PHMSA, and EPA mandates the installation of new safety valves and extensive pipeline repairs to bring Line 324/325 to “as-new condition” in compliance with federal safety standards. 🛠️📜