At first blush, one would think that the $541,450 fine levied yesterday against Enterprise Products Operating LLC would freak out any cost-conscious CEO.
But then you realize the Houston-based company, whose refinery in Mont Belvieu incurred the fine for air quality violations this year, reported a 72 percent increase in income for the third quarter of this year. (That's $203 million for those keeping score.)
So maybe not.
Half the fine levied by the Texas Commission on Environmental Quality will go to the Houston-Galveston AERCO's Clean Cities/Clean Vehicles Program in Chambers County.
Placing second in the list of pollution violators this week is an old standby, Houston Refining, LP of Harris County.
The company, a subsidiary of LyondellBassell, was fined $384,884 for 27 air and water violations from 2006-2008, which we suppose is why it was named the third-worst violator of clean air rules for 2007 by the Galveston-Houston Association for Smog Prevention.
Half of Houston Refining's fine will go to the Houston-Galveston AERCO's Clean Cities/Clean Vehicles Program of Harris County.
-- Steve Olafson
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