Exxon Corp., which raked in the largest corporate profit in history last year, paid a relatively small amount in compensation and fines for damages. It paid a $25 million dollar criminal fine (the federal court fined Exxon $150 million but forgave $125 million in recognition of the company's cooperation in cleaning up the spill), $100 million in criminal restitution, and paid $900 million over ten years as a civil settlement. Under a provision for injuries not apparent at the time of the 1991 civil settlement, the federal and Alaskan governments have demanded an additional $92 million for restoration projects due to lingering presence of oil on beaches. Exxon-Mobil has not responded to the demand made in June 2006. Nor has either government made any effort to collect the money for restoration projects that would employ Alaskans. Public Employees for Environmental Responsibility have asked US Attorney General Eric Holder and Alaska's Acting Attorney General Richard Svobodny to act immediately to collect the overdue claim against the company.
Today, the Sound is superficially back to normal. Visitors can again experience the spectacular scenery and abundant wildlife, but the toxic legacy of the Valdez remains hidden beneath the sand and in nooks and crannies of isolated beaches. The trustees of the Exxon Valdez Oil Spill Council report that the amount of Valdez oil remaining exceeds the total of all previous pollution on the beaches in the Sound. Oil is decreasing at a rate of only 0-4% per year with only a 5% chance of decrease at the highest rate. It will take centuries for all the oil to disappear. [photos: courtesy ENS]