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When the agency subsequently inspected the same accounts, it discovered that Ishikawa Bank had a capital deficit instead.At this point, the bank would normally have been shut down, or at least slapped with a "prompt corrective action" order to clean up its operations.
Last Tuesday, the agency issued Enbridge a corrective action order, a tough but not uncommon response to a spill.
The findings were posted online as part of a larger corrective action order sent to Plains All-American Pipeline.
It is not clear if the federal regulator has issued a corrective action order detailing the steps Tesoro Logistics will need to follow before restarting the line.
Following the spill, oil markets focused attention on PHMSA's corrective action order, a list of demands the agency can issue whenever it determines that a pipeline is "hazardous to life, property, or the environment".
U.S. pipeline regulators last week issued Enbridge a corrective action order, calling for measures to be taken before it would allow the resumption of flows along Line 14, which was halted after a leak was discovered on July 27.
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"If you look at the corrective action orders — Did they do this or did they do that?
The company and its subsidiaries faced "corrective action orders" from the government in two cases, including a pipeline explosion in Alabama last year, and fines in two others.
Of 14 incidents that resulted in corrective action orders since that leak, at least eight have resulted in pipeline closures of 25 days or more.
Of 22 corrective actions ordered at that time, 16 lacked confirmation that they had been completed or an explanation for why they might have been ignored.
The 65-year-old pipeline, which runs from Patoka, Ill., to Nederland, Tex., has been turned off since the spill while ExxonMobil complies with a corrective-action order from the United States Pipeline and Hazardous Materials Safety Administration.
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