Newsreel: Regulators Penalize PG&E $1.6 Billion for Pipeline Blast

California Public Utilities Commission voted April 9 to penalize Pacific Gas & Electric Co. (PG&E) $1.6 billion for a 2010 gas pipeline explosion that killed eight people and destroyed more than three dozen homes in suburban San Francisco. The penalty comes as the state’s top regulator, Commission President Michael Picker, has called for a larger review that suggests the energy giant could be broken up.