exxon valdez oil spill settlement
2009 Retrospective Report, Video, Exhibits and more. [30], ExxonMobil denied concerns over the remaining oil, stating that they anticipated the remaining fraction would not cause long-term ecological impacts. [35], Also, in 1991, Exxon made a quiet, separate financial settlement of damages with a group of seafood producers known as the Seattle Seven for the disaster's effect on the Alaskan seafood industry. Because Prince William Sound contained many rocky coves where the oil was collected, the decision was made to displace it with high-pressure hot water. The Prudhoe Bay field was discovered in March 1968 by Atlantic Richfield (ARCO) and Exxon 250 miles north of the Arctic Circle. Check out our new videos, educational exhibits, posters and more! Resolutions 21-02 and 21-03 are posted here. "[46], Exxon's official position was that punitive damages greater than $25 million were not justified because the spill resulted from an accident, and because Exxon spent an estimated $2 billion cleaning up the spill and a further $1 billion to settle related civil and criminal charges. Multiple factors have been identified as contributing to the incident: Captain Joseph Hazelwood, who was widely reported to have been drinking heavily that night, was not at the controls when the ship struck the reef. After filing a lawsuit, the lawyer can help negotiate a settlement in the case or take it to trial. In the ship is a portrait of their patron saint, Joseph Hazelwood. The Exxon Valdez oil spill occurred in Prince William Sound, Alaska, on March 24, 1989, when Exxon Valdez, an oil tanker owned by Exxon Shipping Company that was bound for Long Beach, California struck Prince William Sound's Bligh Reef, 1.5 mi (2.4 km) west of Tatitlek, Alaska at 12:04 a.m. and spilled 10.8 million US gallons (257,000 bbl) (or 37,000 tonnes) of crude oil over the next few days. Mechanical cleanup was started shortly afterward using booms and skimmers, but the skimmers were not readily available during the first 24 hours following the spill, and thick oil and kelp tended to clog the equipment. The Exxon Valdez oil spill was a manmade disaster that occurred when Exxon Valdez, an oil tanker owned by the Exxon Shipping Company, spilled 11 million gallons of crude oil ⦠Approximately 1,600 short tons (1,500 t) of steel were removed and replaced. [69], In the 1995 film Waterworld, Exxon Valdez is the flagship of the movie's villain, "The Deacon," the leader of a band of scavenging raiders. To protect itself in case the judgment was affirmed, Exxon obtained a $4.8 billion credit line from J.P. Morgan & Co., who created the first modern credit default swap so that they would not have to hold as much money in reserve against the risk of Exxon's default. At the time, both scientific advice and public pressure was to clean everything, but since then, a much greater understanding of natural and facilitated remediation processes has developed, due somewhat in part to the opportunity presented for study by the Exxon Valdez spill. The agreement granted $63.75 million to the Seattle Seven, but stipulated that the seafood companies would have to repay almost all of any punitive damages awarded in other civil proceedings. The Exxon Valdez oil spill occurred in Prince William Sound, Alaska, on March 24, 1989, when Exxon Valdez, an oil tanker owned by Exxon Shipping Company that was bound for Long Beach, California struck Prince William Sound's Bligh Reef, 1.5 mi (2.4 km) west of Tatitlek, Alaska at 12:04 a.m. and spilled 10.8 million US gallons (257,000 bbl) (or 37,000 tonnes)[1] of crude oil over the next few days. In 2020, EVOSTC lost three dedicated individuals who made significant contributions to the Council: Charles "Pete" Peterson (long-time Council Science Panel member), Pete Hagen (long-time Council NOAA liaison), and Cherri Womac (long-time Associate Coordinator for the Council). "[21][22][23], According to a report by David Kirby for TakePart, the main component of the Corexit formulation used during cleanup, 2-butoxyethanol, was identified as "one of the agents that caused liver, kidney, lung, nervous system, and blood disorders among cleanup crews in Alaska following the 1989 Exxon Valdez spill.[24]. [55], The Exxon Valdez supertanker was towed to San Diego, arriving on July 10. Learn more about the Exxon Valdez spill assessment and restoration activities. [44] The Court's ruling was that maritime punitive damages should not exceed the compensatory damages,[44] supported by a precedent dating from 1818. Exxon blamed Captain Hazelwood for the grounding of the tanker, but, Hazelwood accused the corporation of making him a scapegoat. HMRAD 92-11", "Exxon Valdez changed the oil industry forever—but new threats emerge", "Twenty-Five Years After the Exxon Valdez Oil Spill: NOAA's Scientific Support, Monitoring, and Research", "Exxon Valdez disaster – 15 years of lies", "Captain of Exxon Valdez offers 'heartfelt apology' for '89 oil spill in Alaska's Prince William Sound", "Court Rewards Exxon for Valdez Oil Spill – Greg Palast", "The Exxon Valdez Oil Spill: Final Report, State of Alaska Response", "Oil Spill Facts – Exxon Valdez Oil Spill Trustee Council", "Corexit: An Oil Spill Solution Worse Than the Problem? [54], OPA also set a schedule for the gradual phase in of a double hull design, providing an additional layer between the oil tanks and the ocean. [54] In 1993, owned by SeaRiver Maritime, it was named S/R Mediterranean, then in 2005 Mediterranean. [65] Many Native Americans were worried that too much time was spent on the fishery and not enough on the land that supports subsistence hunting. "[43] The punitive damages were further reduced to an amount of $507.5 million. Contact Information for the private plaintiff action, FY22-26 Invitation for General Restoration Project Proposals, Trustee Council 2020 DRAFT Resolutions for Public Comment, Draft Resolution 20-D: Background and Supplemental Information, Draft Resolutions 20-A and 20-B: Background and Supplemental Information, Proposals for Alternative Structures to EVOSTC, Financial Procedures and Investment Policies, Trustee Council 2020 DRAFT Resolutions for public comment, Transcript for the 01/19/21 Council meeting (updated 2.8.21), FY22-31 Invitation for General Restoration Proposals, Transcript for the 10/14/20 Council meeting, 2020 Draft Resolutions for Public Comment, FY20 Draft Work Plan (Updated 07/14/2020), An Evaluation of Remedial Options for Lingering Oil, 2014 Subsistence Use Survey Project Summary, Where to Find Additional EVOS Documents and Items, View the Current Status of Resources & Services Injured by the Oil Spill, Where to find additional EVOS documents and items, Long-Term Monitoring Program (Gulf Watch Alaska). plankton) are the basis of the coastal marine food chain, and others (e.g. OPA was enacted in reaction to the Exxon Valdez oil spill and provides authority for oil pollution liability and compensation as well as for the Federal government to direct and manage oil spill cleanups. [34], Exxon filed claims in October 1990 against the Coast Guard, asking to be reimbursed for cleanup costs and damages awarded to plaintiffs in any lawsuits filed by the State of Alaska or the federal government against Exxon. However, this also displaced and destroyed the microbial populations on the shoreline; many of these organisms (e.g. The Alaska Steam Coal & Petroleum Syndicate produced the oil near the remote settlement of Katalla on Alaskaâs southern coastline. In 2010, a CNN report alleged that many oil spill cleanup workers involved in the Exxon Valdez response had subsequently become sick. [26] Immediate effects include the deaths of between 100,000 and 250,000 seabirds, at least 2,800 sea otters, approximately 12 river otters, 300 harbor seals, 247 bald eagles, and 22 orcas, and an unknown number of salmon and herring. Exxon then appealed to the Supreme Court, which agreed to hear the case. Prior to 2010, the nationâs worst oil spill had been the Exxon Valdez, which spilled 11 million gallons of oil into Alaskaâs Prince William Sound on March 24, 1989. [48][49], As of December 15, 2009, Exxon had paid the entire $507.5 million in punitive damages, including lawsuit costs, plus interest, which were further distributed to thousands of plaintiffs. In addition, Elise encouraged an assertive investment asset allocation that facilitated ample returns to the joint trust funds. It was just too expensive to fix and operate. [63][64] The village of Chenega was transformed into an emergency base and media outlet. Graphics are not included. [58], According to several studies funded by the state of Alaska, the spill had both short-term and long-term economic effects. This was yet another article written by graduate students at the Rockefeller-funded Columbia Journalism School, which was published in the Los Angeles Times. During a similar process following the 1989 Exxon Valdez spill, Dr Senner - at the time - worked for the US government. Ultimately, the Exxon Valdez spill resulted in a close examination of the status of oil spill prevention, response, and cleanup in the United States. ", "Companies in Crisis – What not to do when it all goes wrong", "Scuba Techniques Used to Assess the Effects of the, "Exxon Valdez oil spill still a threat: study", "25 years later, scientists still spot traces of oil from Exxon Valdez spill", "Exxon Valdez – 25 years after the Alaska oil spill, the court battle continues", "Exxon Sues Alaska, Charging Cleanup Delay", "Exxon, Blaming Coast Guard, Says U.S. Is Liable in Alaska Spill", "Exxon Valdez case still twisting through courts", "$4.5 Billion Award Set For Spill of Exxon Valdez", "Reaction of Sen. Leahy on Supreme Court Ruling in Exxon v. Baker", "Punitive damages appealed in Valdez spill", "Exxon Valdez – D. G. Syndicate 745 vs. Brandywine Reinsurance Company (UK) – Summary of the Court of Appeal Judgment", "The bill of attainder clause: a new weapon to challenge the Oil Pollution Act of 1990", "Exxon Valdez Is Barred From Alaska Sound", "A Preliminary Economic Analysis of Recreational Fishing Losses Related to the, "25 Years After Spill, Alaska Town Struggles Back From 'Dead Zone, "Native Alaskans Still Reeling 25 Years After Exxon-Valdez Oil Spill", "Critics call Valdez cleanup a warning for Gulf workers", "How Exxon's "Video for Students" Deals in Distortions", "EXCLUSIVE: Hear George Salazar Sing "Iron Mike" From Jonathan Larson Project Album", NTSB safety recommendation to address crew management deficiencies at Exxon and in industry, United States Environmental Protection Agency, Alaskan Regional Response Team report on the, BP Played Central Role in Botched Containment of 1989, Exxon Valdez Oil Spill Assessment (April 24, 1990), Exxon Valdez: One Year Later (March 22, 1990), Alaska National Interest Lands Conservation Act, Accusations of ExxonMobil human rights violations in Indonesia, Exxon Corp. v Exxon Insurance Consultants International Ltd. People of the State of New York v. Exxon Mobil Corp. Shipwrecks and maritime incidents in 1989, https://en.wikipedia.org/w/index.php?title=Exxon_Valdez_oil_spill&oldid=1015747885, Short description is different from Wikidata, Infobox mapframe without OSM relation ID on Wikidata, Articles with unsourced statements from January 2021, Creative Commons Attribution-ShareAlike License, Exxon Shipping Company failed to supervise the. Bill of attainder, a regulation that was unfairly directed at Exxon alone Maritime, it is the... Oil spill have been studied to the joint trust funds 66 ] Meanwhile. Hbo, dramatized the oil spill: the FY22-31 Invitation and proposal were... 19, 2021 spill for distribution to schools than negligent but less than ten percent of the oil near remote. `` worse than negligent but less than malicious Unit settlement Agreement between ExxonMobil and the number staff! A song called `` Iron Mike '' about the Exxon Valdez Final Report, Alaska well. 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