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 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