Oil spill standard in the coastal regions. A VLCC tanker can carry of crude oil. This is about eight times the amount spilled in the widely known "Exxon Valdez" oil spill. In this spill, the ship ran aground and dumped of oil into the ocean in March 1989. Despite efforts of scientists, managers, and volunteers over 400,000 seabirds, about 1,000 sea otters, and immense numbers of fish were killed. Considering the volume of oil carried by sea, however, tanker owners' organisations often argue that the industry's safety record is excellent, with only a tiny fraction of a percentage of oil cargoes carried
Prudhoe Bay oil spill $10 million which included per-gallon environmental penalties for the spills, fines for natural resource damages and other civil charges to settle civil assessments for the spills. BP argued that no money was owed to the state for lost production, but the arbitration panel concluded that the pipeline problems and associated reservoir complications resulted in lost or deferred production of more than 30 million barrels of oil and natural-gas liquids until the end of the oil field's life. Prudhoe Bay oil spill The Prudhoe Bay oil spill (2006 Alaskan oil spill) was an oil spill that was discovered on March 2,