Dead Ahead: The Exxon Valdez Disaster Dead Ahead: The Exxon Valdez Disaster Dead Ahead: The Exxon Valdez Disaster is a 1992 movie depicting the "Exxon Valdez" oil spill disaster off the coast of Alaska. Directed by Paul Seed, it stars Christopher Lloyd, John Heard, Rip Torn and Michael Murphy. Most of the film was shot in Vancouver, Richmond and Steveston, British Columbia, but it also utilizes archival film clips of the actual disaster and cleanup efforts. On March 24, 1989, the "Exxon Valdez" oil tanker struck a reef in Prince William Sound, Alaska. It was the worst oil spill of its time, releasing over of crude
Oil tanker instrument, Shell consulted the "London Tanker Brokers’ Panel (LTBP)". At first, they divided the groups as "General Purpose" for tankers under ; "Medium Range" for ships between 25,000 and and "Large Range" for the then-enormous ships that were larger than . The ships became larger during the 1970s, which prompted rescaling. The system was developed for tax reasons as the tax authorities wanted evidence that the internal billing records were correct. Before the New York Mercantile Exchange started trading crude oil futures in 1983, it was difficult to determine the exact price of oil, which could change with every contract.