Exxon Valdez Oil Spill Continued Effects On The Alaskan Economy

In this article, the Exxon Valdez oil spill of 1989 is examined to determine if Exxon fully compensated the Alaskans directly affected by the oil spill. The article reviews both the short term and long term ecological and economic effects of the oil spill. It also includes Exxon’s effort to clean up the spill and how much oil remains on the Alaskan beaches. In addition, the relevance of the Exxon Valdez oil spill to the BP oil spill of 2010 is revealed.