Business & Tech
SM, Hermosa Beach Residents React to Oil Company's Suit: Video
A discussion about oil drilling is reignited after a trial date is set for Macpherson Oil's suit against Hermosa Beach. The company is seeking $700 million in damages.
The legal dispute between Santa Monica-based Macpherson Oil Co. and the City of Hermosa Beach has raged on for 13 years. On Tuesday, a Los Angeles Superior Court judge set a trial date for : Jan. 18.
The oil company is seeking about $700 million in damages, arguing that the city illegally breached a 1992 contract that allowed Macpherson to drill for oil in Hermosa Beach. The city forwent the agreement in 1998, citing compliance of Proposition E, passed in 1995, which bans oil and gas drilling within city limits.
Patch caught up with residents in Santa Monica and Hermosa Beach to hear what they had to say about the latest legal development and oil drilling in general.
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Editor's Note: The comments made in the video are the thoughts and opinions of the Hermosa Beach and Santa Monica residents interviewed only.
