Coast Guard: Millions in Federal Costs May Not be Recovered from Exxon Valdez Oil Spill
Abstract:
When the supertanker Exxon Valdez spilled more than 10 million gallons of oil into Alaskas Prince William Sound in March 1989, it set off an extensive cleanup effort. The Exxon Corporation assumed responsibility for managing and paying for the spill cleanup, and it had spent more than 2 billion through July 1990 for spill-related costs. A total of 10 federal agencies assisted in the cleanup. The Chairman and Ranking Minority Member of the Subcommittee on Readiness, House Committee on Armed Services, asked GAO to determine 1 whether federal agencies received reimbursement for their spill- related costs and 2 if improvements are needed in the reimbursement process.
Security Markings
DOCUMENT & CONTEXTUAL SUMMARY
Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.
RECORD
Collection: TR