In June 2022, a puncture in a pipeline owned by Mid-Valley Pipeline released 182,490 gallons of crude oil near Henderson TN, contaminating local groundwater, Horse Creek, and impacting local wildlife. The estimated cost of emergency response, and property and environmental damage was $4,386,713.
Mid-Valley Pipeline is owned by Energy Transfer (ticker symbol ET). Energy Transfer’s annual revenue for 2022 was $89.87B.
Energy Transfer’s penalties for safety and environmental violations in 2021-2022 totaled $21,896,825.
Energy Transfer spent $1,670,000 on lobbyists from 2021-2022.
Energy Transfer contributed $5,331,007 to political campaigns and PACs in 2021-2022.
From 2021-2022 Energy Transfer received $6,878,362 in government contracts and grants.