Word: exxon
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Dates: during 1980-1989
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...that assumption has been shattered, perhaps irreparably, by the 10 million gal. of oil that have poured from the Exxon Valdez since it went off course and ran aground in Prince William Sound in late March. By last week the thick, tarry crude had spread into a slick that covered 1,600 sq. mi. of water, fouling 800 miles of shoreline in one of the world's richest wildlife areas. In the wake of the largest oil spill in U.S. history, Alaskans are in shock. Said Dennis Kelso, the state's environment commissioner: "People are going to have strong feelings...
...weeks ago is a prime example. After the spill, the White House expressed some sympathy, but seemed unwilling to act in any manner. Instead of offering federal assistance, or even using the spill as a chance to speak out on a disturbing ecological issue, Bush decided to let Exxon handle the cleanup and said nothing more...
...company compounded the damage to its image by initially misleading the press and local residents with assurances that its beach cleanups and booming operations were well under way. But on Wednesday Exxon spokesman Donald Cornett admitted that beach cleanup had not started and that one boat had just sailed around gauging the extent of the spill. Later that night he was greeted in nearby Cordova by citizens displaying signs that read, DON'T BELIEVE EVERYTHING YOU HEAR. ESPECIALLY AT ALYESKA AND EXXON PRESS CONFERENCES...
...highly unusual public apology, published as an advertisement in TIME and about 100 other magazines and newspapers, Exxon Chairman L.G. Rawl promised that his company not only will pay all direct cleanup costs but "also will meet our obligations to all those who have suffered damage from the spill." Under federal law, the company must pay the first $14 million in cleanup costs, then can tap a fund set up by the Trans-Alaska Pipeline Act for an additional $86 million...
...limits a company's liability to $100 million in most cases, that lid is off if a spill and the damage that results are due to negligence. A court may find that the actions of Captain Hazelwood and Third Mate Cousins -- and the failure of both Alyeska and Exxon | to respond quickly to the spill -- meet that test. Both the state of Alaska and the Federal Government have opened criminal investigations of the spill. "It will be a long war of experts," says James McNerney, a Houston specialist in environmental and maritime law. The battle over this spill...