Exxon Valdez Timeline By GU1111 Nov 16, 1973 Congress approves Trans-Alaska Pipeline Act http://www.washingtonhistory.org/files/library/history-day-sample_004.pdf Oct 14, 1986 Exxon Valdez First Launched http://priceofoil.org/2012/03/26/rip-exxon-valdez/ Mar 24, 1989 Exxon Valdez Crash In terms of amount of oil spilled, this is the 34th largest oil spill in history, the 2nd largest in the U.S. but the worst in terms of environmental impact in the U.S. http://www.adn.com/article/20151015/exxon-valdez-timeline Jun 9, 1989 Fisherman, land and Business owners, and other harmed by oil spill Mar 24, 1990 Oil Pollution Act http://www.uscg.mil/npfc/About_NPFC/opa.asp Mar 25, 1990 Effects of Exxon oil spill reek havoc on surround ecosystem http://animals.mom.me/effects-exxon-valdez-oil-spill-alaskan-wildlife-5478.html Jun 14, 1994 Jury find Exxon acted recklessly in Exxon Valdez oil spill. 287 Million in actual damages. 5 Billion in Punitive damages http://www.nytimes.com/1994/06/14/us/jury-finds-exxon-acted-recklessly-in-valdez-oil-spill.html May 21, 2001 First Appeals court hearing. Agrees 5 Billion dollars is excessive, and case is sent to lower court Nov 7, 2006 Three-judge panel appeals cut to 2.5 Billion http://news.heartland.org/newspaper-article/appeals-court-rules-exxon-valdez-award-was-excessive Jan 9, 2007 The Appeals court decides to no longer consider reducing damages. Jun 27, 2008 Supreme Court cuts Exxon Payout from 2.5 Billion to 507 Million http://www.jeannettebelliveau.com/wp-content/uploads/2014/12/Writingsample1.pdf Nov 24, 2014 Exxon final argument on oil spill http://www.adn.com/article/20151112/federal-judge-speaks-out-exxon-valdez-saga Jan 1, 2015 Date Required That All Oil Tankers be Double-Hulled http://www.nap.edu/readingroom/books/tanker/