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AP - Australia has increased maximum fines for ships that spill oil from $1 million to $11 million (US $11 million) in response to a Chinese coal carrier grounding on the Great Barrier Reef.
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These oil spills happen so often, I wonder if they keep the price of oil from falling too low from an over-supply?
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Members who have read Australia lifts oil spill fines to $11 million (AP)