Hey Folks,
I was going to write tonight about another company that I’ve had great dealings with, and do a little plug for them, but I’ve changed my mind. The news has been all about the Exxon Valdez case, so maybe I’ll make a few notes here about this subject. For those of you who haven’t been following it (and I haven’t followed this latest round too closely), the US Supreme Court is currently hearing arguments from Exxon and the plaintiffs, folks from the the Prince William Sound, Alaska area, specifically concerning punitive damages. I’m no lawyer, so my comments are worth the price you’re paying to read them – but I’ll share them here regardless. 🙂
In late March 1989 the Exxon Valdez oil tanker dumped nearly 11 million gallons of crude oil into Prince William Sound. These estimates come largely from simple math – 53 million (the number of gallons originally onboard), minus what was later reclaimed from the vessel equalled 10.8 million gallons missing, i.e., spilled. Many watch groups argue these estimates, though widely accepted, are underreported, because much of the oil recovered from the ship was diluted with sea water. The accident occurred, investigations found, primarily because the ship’s captain was drunk and sleeping at the time. Continue reading →