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Everything about the Exxon Valdez oil spill was expensive, but last week it produced a few bargains. At an auction in Anchorage to sell off surplus equipment that Exxon used in cleanup operations, buyers bid on acres of items ranging from animal shampoo to mobile homes to microwave ovens. Four 18-ft. boats sold for $3,750. Other items were less than a steal: four used TV sets sold for a total of $2,000. Ritchie Bros. Auctioneers International, a Vancouver, B.C., firm that bought the surplus gear from Exxon, collected $3.8 million on the first day of the four...

Author: /time Magazine | Title: AUCTIONS: What Am I Bid For the Slick? | 10/22/1990 | See Source »

...spills. The Exxon Valdez dumped 11 million gallons of oil on one of the most environmentally pristine areas left in North America. While on the campaign trail, Bush called for "immediate" steps "to protect our oceans." Yet he has not disavowed his support of oil drilling in untouched parts of Prince William Sound. Finally, oil lobbyists are pressuring Bush to authorize drilling in the Alaskan National Wildlife Preserve, despite reports that indicate only a 19 percent chance of finding any oil there...

Author: By John A. Cloud, | Title: Bush's Crimes Against Nature | 10/15/1990 | See Source »

...months since the Exxon Valdez spewed 11 million gal. of crude oil into Alaska's Prince William Sound, controversy has dogged the cleanup efforts. The debate continued last week, as Exxon ended a second summer of mopping up and declared the cleanup over unless its survey next spring proves a need for more. The tab so far: $2 billion plus. Alaskan officials were not quite so upbeat. Insisting that "substantial oil remains," outgoing Governor Steve Cowper said, "We can't take a walk and let Mother Nature finish...

Author: /time Magazine | Title: Alaska: A Job for Mother Nature | 9/24/1990 | See Source »

Which deserves priority: preserving America's wilderness or finding a steady supply of domestic oil? In the aftermath of the Exxon Valdez spill in March 1989, the environment was the overwhelming favorite. But in the month since the Iraqi invasion of Kuwait, which has pushed oil prices from $17 a bbl. to more than $30, the political mood has changed rapidly. The prime focus of the debate is the coastal plain of Alaska's Arctic National Wildlife Refuge, a pristine wilderness area that may hold the largest untapped oil deposit...

Author: /time Magazine | Title: Mystery Pool Under the Plain | 9/17/1990 | See Source »

More than a year after the Exxon Valdez spilled 11 million gal. of crude oil into Alaska's Prince William Sound, the U.S. still lacks the ability to cope speedily with such disasters. That shortcoming was dramatically illustrated last week when a Greek tanker crashed into three oil barges in the Houston Ship Channel near Galveston. Though Houston handles more crude oil than any other U.S. port, no fast-response cleanup team is stationed in Texas. By the time emergency crews from along the Gulf Coast arrived, 500,000 gal. of crude had leaked into the relatively shallow Galveston...

Author: /time Magazine | Title: Disasters: The Goo Keeps Flowing | 8/13/1990 | See Source »

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