Oh oil spills, how I hate you

November 11, 2007

So, the recent oil spill in San Francisco is sounding eerily familiar. I wonder if this one will take over 18 years to resolve like the Exxon Valdez spill (1989). Maybe the company will step up and take responsibility for what happened unlike the folks at Exxon who are still refusing to pay the punitive damages awarded in the 1994 Baker vs. Exxon case. The really annoying thing is that the company could pay off the damages on interest alone from the $5 billion sum it socked away after the original court ruling, a fall back in case they ran out of appeals and were actually forced to pay one day. The damages have even been cut in half since the original ruling and the fine folks at Exxon still can’t find the decency to step up and pay back the Alaskans whose livelihoods the company’s drunk captain wrecked along with the ship nearly two decades ago.

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