in , ,

SoCal Gas Sued for Financial Loss by Home Builder Toll-Brothers

Photo of overhead view of SoCalGas field.

Porter Ranch (PRTimes.News) – Toll Brothers has filed a lawsuit against Southern California Gas claiming extensive financial loss over one of the largest gas leaks at Aliso Canyon.

The leak near Porter Ranch residences lasted nearly four months and is possibly the worst natural gas leak in U.S. history.

According to Toll Brothers lawsuit, sales of new homes in their nearby development abruptly stopped after the 2015-16 leak and 20 plus homebuyers backed out from their purchase contracts as a result.

Net home sales dropped from 74 to negative 1 within six months of the leak being exposed in the news.

The suit claims SoCal Gas knew as far back as 2008 that the wells were in danger of a blowout. And rather than work to prevent one, the company pumped even more gas into the wells at a faster rate.

The suit also claims that SoCalGas had knowledge that the wells were in danger of a blowout as far back as 2008. Rather than address the pending danger, the company chose to increase pumped-in gas levels at an increased rate.

SoCal Gas declined comment on the pending litigation.

© 2017-2018 PRTimes. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.

What do you think?

175 points
Upvote Downvote

Written by Porter Ranch


Leave a Reply

Your email address will not be published. Required fields are marked *





Opinion: In the face of hatred, we cannot be indifferent

Opinion: In the face of hatred, we cannot be indifferent

Gas Leak Capped Permanently in Porter Ranch