Why Is PG&E Moving Pipe from Crestmoor?

PG&E has finally agreed to move the pipeline from the Crestmoor neighborhood. PG&E would have us believe the decision was made out of concern for residents.  According to PG&E president Christopher Johns:

PG&E understands that no one wants the damaged section of Line 132 rebuilt at its current location.  We know residents in the neighborhood have suffered a terrible trauma and the pipe is a horrible reminder.

Is that the reason?  Or did PG&E simply figure out that moving it was in its financial best interests.  After all, the law makes PG&E liable for any diminution in the value of the neighborhood homes. As long as the pipe runs under the neighborhood, the homes are worth very little. Remove the pipe and values will rebound. In the end, it's cheaper for PG&E to move the pipe than it is for it to leave it there. 

Isn't it as simple as that?

PG&E to Move Pipe

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Diana - October 28, 2010 10:38 AM

Mike

Regarding the homes in Glenview; there structures has suffered a big hit and are now that much more vulnerable to natural disasters. Who knows when these homes will collapse. Will PG&E take the responsibility then or argue that it is the natural disaster that caused the collapse. Independent inspectors should go in now and make an assessment on each home on PG&E's dime.

Mike Danko - October 28, 2010 12:14 PM

Diana -

Good point. Inspectors are looking at the houses now. The inspectors are being paid for by either PG&E or the insurance carriers. Not surprisingly, the inspectors are tending to minimize the damage they find, or they are calling it "pre-existing." This will be an ongoing headache for the homeowners.

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