The proposed settlement is now open for 60 days of public comment. The settlement needs to be approved by a judge.
With summer wrapping up and New York area residents going on fewer road trips, gas prices are falling.
The New York City pension funds hold more than 11 million shares of Exxon stock. Now the funds and City Comptroller John Liu have called on the oil company to release data about its fracking operations.
The deal with Attorney General Andrew Cuomo and the environmental group Riverkeeper will resolve several years of litigation over spills from refineries that once lined the Brooklyn waterfront.