Cost of an Accident – 7 Spills Cost ConocoPhillips $490,000

$70,000 per spill plus a PR black eye, that’s the cost of seven environmental incidents at a ConocoPhillips refinery. See the story in the Houston Chronicle:

http://www.chron.com/disp/story.mpl/business/6781946.html

Environmental incidents – a good target for advanced root cause analysis so that spills are not repeated.