Exxon Valdez oil spill numbers
Exxon Valdez oil spill numbers
by Channel 2 News staff
Thursday, June 19, 2008
ANCHORAGE, Alaska -- In anticipation of a ruling by the Supreme Court on the punitive damages settlement following the Exxon-Valdez oil spill, Channel 2 News has compiled a breakdown of some interesting numbers related to the case:
The amount of the Alaska coastline covered in oil from the Exxon Valdez spill equals California's entire coastline.
If the amount of oil spilled were placed in gallon-sized milk jugs, and they were placed side-by-side, they would stretch the entire length of the pipeline, with more than 100 miles left over. The jugs would also stretch from Anchorage to Homer and back -- twice.
Two -- the number of Egan Center main ballrooms the oil would fill, floor to ceiling.
Four -- number of hours it would take the Trans-Alaska Pipeline to pump the same number of barrels of oil that were spilled (at today's flow rate).
11,000 -- number of square miles that the oil spill covered
5,014,286 -- number of gallons of gasoline that could have been made from the spilled oil
$21,009,857 ($21 million) -- amount of money it would cost you at the pump (at today's prices) for that amount of gasoline
2,365,714 (2.4 million) -- number of gallons of heating fuel that could have been made from the spilled oil
1,027 -- number of years a typical Fairbanks home could be heated with that amount of heating fuel, or the number of Fairbanks homes that could be heated for one year
$9,899,657,997.20 ($10 billion) -- amount of interest the original $5 billion punitive damages awarded in 1994 would have earned at 5 percent, compounded annually
$2,756,250,000 ($2.8 billion) -- amount of interest the $2.5 billion punitive damages awarded in 2006 would have earned at 5 percent, compounded annually
$5.3 billion -- approximate amount Exxon would have to pay out if the Supreme Court awards full punitive damages
$1.06 billion -- approximate amount lawyers stand to make if the Supreme Court awards full punitive damages (20 percent)
22.5 -- number of days it takes Exxon to earn $2.5 billion in profit (based on first quarter 2008 earnings numbers)
26,000 -- number of gallons of oil estimated to still be on Alaska beaches
Animals killed by oil spilled:
250,000 to 500,000 seabirds
1,000 otters
300 harbor seals
250 bald eagles
22 orcas
billions of salmon and herring eggs
8,000 -- estimated number of original plaintiffs that have died since 1994
1,600 -- number of tons of steel removed and replaced during the repair of the Exxon Valdez tanker
$30 million -- amount spent to repair the Exxon Valdez
$3.15 billion -- approximate amount Exxon has spent thus far on cleanup and fines after the spill
$80,000 -- approximate amount Exxon paid for every dea otter captured, scrubbed and released
5 -- number of animal species known not to have recovered from the spill
6 -- number of animal species known to have fully recovered from the spill
8 -- number of animal species still recovering or "recovery unknown"
by Channel 2 News staff
Thursday, June 19, 2008
ANCHORAGE, Alaska -- In anticipation of a ruling by the Supreme Court on the punitive damages settlement following the Exxon-Valdez oil spill, Channel 2 News has compiled a breakdown of some interesting numbers related to the case:
The amount of the Alaska coastline covered in oil from the Exxon Valdez spill equals California's entire coastline.
If the amount of oil spilled were placed in gallon-sized milk jugs, and they were placed side-by-side, they would stretch the entire length of the pipeline, with more than 100 miles left over. The jugs would also stretch from Anchorage to Homer and back -- twice.
Two -- the number of Egan Center main ballrooms the oil would fill, floor to ceiling.
Four -- number of hours it would take the Trans-Alaska Pipeline to pump the same number of barrels of oil that were spilled (at today's flow rate).
11,000 -- number of square miles that the oil spill covered
5,014,286 -- number of gallons of gasoline that could have been made from the spilled oil
$21,009,857 ($21 million) -- amount of money it would cost you at the pump (at today's prices) for that amount of gasoline
2,365,714 (2.4 million) -- number of gallons of heating fuel that could have been made from the spilled oil
1,027 -- number of years a typical Fairbanks home could be heated with that amount of heating fuel, or the number of Fairbanks homes that could be heated for one year
$9,899,657,997.20 ($10 billion) -- amount of interest the original $5 billion punitive damages awarded in 1994 would have earned at 5 percent, compounded annually
$2,756,250,000 ($2.8 billion) -- amount of interest the $2.5 billion punitive damages awarded in 2006 would have earned at 5 percent, compounded annually
$5.3 billion -- approximate amount Exxon would have to pay out if the Supreme Court awards full punitive damages
$1.06 billion -- approximate amount lawyers stand to make if the Supreme Court awards full punitive damages (20 percent)
22.5 -- number of days it takes Exxon to earn $2.5 billion in profit (based on first quarter 2008 earnings numbers)
26,000 -- number of gallons of oil estimated to still be on Alaska beaches
Animals killed by oil spilled:
250,000 to 500,000 seabirds
1,000 otters
300 harbor seals
250 bald eagles
22 orcas
billions of salmon and herring eggs
8,000 -- estimated number of original plaintiffs that have died since 1994
1,600 -- number of tons of steel removed and replaced during the repair of the Exxon Valdez tanker
$30 million -- amount spent to repair the Exxon Valdez
$3.15 billion -- approximate amount Exxon has spent thus far on cleanup and fines after the spill
$80,000 -- approximate amount Exxon paid for every dea otter captured, scrubbed and released
5 -- number of animal species known not to have recovered from the spill
6 -- number of animal species known to have fully recovered from the spill
8 -- number of animal species still recovering or "recovery unknown"
Comments
Those b@st*rds got off WAY too easy.