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...first oil pipelines (made of wood) and leading 25-year-old John D. Rockefeller to form what became the Standard Oil Co. It eventually controlled up to 90% of U.S. oil-refining until the company was broken up in 1911. (See pictures showing the history of the Exxon Valdez disaster...

Author: /time Magazine | Title: The Oil Barrel | 8/26/2009 | See Source »

...pictures from the Exxon-Valdez disaster...

Author: /time Magazine | Title: Postcard from Bristol Bay | 7/27/2009 | See Source »

...still not sure that the targets would be reached," says Leila Benali of the Cambridge Energy Research Associates. Still, Iraqi officials are confident that with enough international expertise and investment, their country could produce 6 million barrels a day within a decade. (See pictures of the Exxon-Valdez disaster...

Author: /time Magazine | Title: The Reasons Behind Big Oil Declining Iraq's Riches | 7/2/2009 | See Source »

...life than we thought, and harder to clean up. "Even the best cleanup will fall short," says Craig Tillery, a deputy attorney general for the state of Alaska - whose Bristol Bay and Chukchi Sea are being considered for offshore oil and gas exploration - and a member of the Exxon Valdez Oil Spill Trustee Council, which funded the NOAA studies. "You have to make sure this never happens...

Author: /time Magazine | Title: Still Digging Up Exxon Valdez Oil, 20 Years Later | 6/4/2009 | See Source »

...that crude oil - especially when it is spilled in a cold region like southeastern Alaska - lingers in the environment for years. And as long as the oil is there, it can harm the animals that might come into contact with it. Sea otters, for example - the face of the Valdez spill - dig millions of foraging pits in beaches around the Sound, enough to come into contact with oil numerous times. Although the population of sea otters in the area has recovered since the spill, the return has been slow, and researchers suspect the oil might be the reason. "The pattern...

Author: /time Magazine | Title: Still Digging Up Exxon Valdez Oil, 20 Years Later | 6/4/2009 | See Source »

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