MICHAEL SOL WARREN / NJ.COM – Three large oil companies have agreed to pay New Jersey nearly $200 million in settlements over a pollution lawsuit that has stretched on for more than a decade.
New Jersey Attorney General Gurbir Grewal announced Monday that settlements reached with Sunoco, BP and Shell in lawsuits over methyl tertiary butyl ether (or MTBE) totaled $196.5 million. That total breaks down as follows:
• Sunoco’s settlement is for $64 million; the company has already paid the state.
•BP’s settlement is also for $64 million. The company has so far paid New Jersey $32 million, and the remaining half of the money, with interest, is due in July.
•Shell’s settlement is for $68.5 million. That money is due by this Friday …