exxon valdez disaster

Bush Removes Executive Ban on Offshore Oil Drilling

Bush Removes Executive Ban on Offshore Oil Drilling

WASHINGTON, DC, July 14, 2008 (ENS) – Saying that Americans are worried about the high price of gasoline, President George W. Bush today removed the executive ban on offshore exploration on the Outer Continental Shelf, the OCS, that has stood since his father was in the Oval Office. Speaking in the White House Rose Garden,…

U.S. Supreme Court Overturns Valdez Oil Spill Damage Award

U.S. Supreme Court Overturns Valdez Oil Spill Damage Award

WASHINGTON, DC, June 25, 2008 (ENS) – The U.S. Supreme Court has dealt a blow to victims of the 1989 Exxon Valdez disaster, cutting the $2.5 billion in punitive damages award for the worst oil spill in U.S history to $507 million. The court, by a 5-3 margin, ruled the punitive damages awarded against the…