Agreement Reached in Exxon Valdez Oil Spill Case

By: Associated Press
By: Associated Press

ANCHORAGE, Alaska (AP) - Exxon Mobil says it has reached an
agreement with plaintiffs in the Exxon Valdez oil spill case.
Lawyers say they have negotiated a settlement in which Exxon
will pay $383 million.
Under the deal, the money will be distributed to nearly 33,000
commercial fishermen and others who sued Exxon. Lawyers will
continue to negotiate over $70 million and nearly a half billion
dollars in interest.
The Exxon Valdez oil tanker went aground on a reef in 1989 and
spilled 11 million gallons of crude in Prince William Sound. It was
the worst oil spill in the nation's history.
David Oesting of Anchorage, the lead attorney for the
plaintiffs, says checks could begin showing up by early October.
(Anchorage Daily News)

(Copyright 2008 by The Associated Press. All Rights Reserved.)

Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 27554614 -
Gray Television, Inc.