North Cape oil spill recovered in the weeks following the spill. US federal and Rhode Island state governments undertook considerable work to clean up the spill and restore lost fishery stocks and coastal marine habitat. The "North Cape" oil spill is considered a significant legal precedent in that it was the first major oil spill in the continental U.S. after the passage of the Oil Pollution Act of 1990, resulting from the "Exxon Valdez" oil spill in Alaska on March 24, 1989. Of the many affected communities, one important habitat was the Trustom Pond National Wildlife Refuge. The refuge is nearly 800 acres in
Prudhoe Bay oil spill Bay oil field, which would reduce Alaska North Slope oil production by an estimated 400,000 barrels per day. Later BP decided not to shut the western side of the field, meaning Prudhoe Bay would still produce about 200,000 barrels a day, half its normal total. Oil revenue accounts for 90% of Alaska's tax income. As a result of news of the shutdown, the price of crude oil on NYMEX jumped US$2.22 a barrel closing at US$76.98 per barrel. Following the Prudhoe Bay pipeline leak in March 2006, due to slow progress in stopping the oil spill, BP was forced to