Oil Spill Costs and Impacts

Oil Spill Costs and Impacts PDF

Author: Robert H. Urwellen

Publisher:

Published: 2009

Total Pages: 62

ISBN-13:

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When oil spills occur in U.S. waters, federal law places primary liability on the vessel owner or operator -- that is, the responsible party -- up to a statutory limit. As a supplement to this "polluter pays" approach, a federal Oil Spill Liability Trust Fund administered by the Coast Guard pays for costs when a responsible party does not or cannot pay. This book is based on a GAO report on oil spill costs and select program updates on the recent San Francisco spill. Specifically, it answers three questions: (1) How many major spills (i.e., at least $1 million) have occurred since 1990, and what is their total cost? (2) What factors affect the cost of spills? and (3) What are the implications of major oil spills for the Oil Spill Liability Trust Fund?

Oil Spills and Gas Leaks: Environmental Response, Prevention and Cost Recovery

Oil Spills and Gas Leaks: Environmental Response, Prevention and Cost Recovery PDF

Author: Stephen M. Testa

Publisher: McGraw Hill Professional

Published: 2013-02-01

Total Pages: 593

ISBN-13: 0071772901

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The definitive guide to petroleum hydrocarbon fuel spill and leak causes, prevention, response, and cost recovery Oil Spills and Gas Leaks highlights the complex nature of petroleum hydrocarbon fuel extraction methods, the unintended consequences when disasters occur, spill behavior, and environmental impact mitigation. This practical resource discusses engineering techniques; long-term biological and environmental effects; dealing with insurance claims, litigation, and legislation in overlapping jurisdictions; and much more. Featuring global case studies and best practices, this timely volume provides an in-depth understanding of how oil spills and gas leaks occur and describes the most effective environmental assessment, remediation, and restoration options available to respond to these industrial accidents. Coverage includes: The role of petroleum hydrocarbon fuels in society Geology and geochemistry of oil and gas deposits Oil and gas well drilling and production issues Hydraulic fracturing for shale gas and oil Behavior of oil spills in various environments Behavior of gas leaks in various environments Assessment of spills and leaks Toxicity issues and exposure pathways Subsurface investigations Sampling strategies and remedial approaches Sampling methods on land and offshore Prevention, oversight, and mitigation Remediation of oil spills Case histories and cost recovery Oil spills and wildlife Oil spills and safety issues Conclusions and recommendations

The Cost of Oil Spills

The Cost of Oil Spills PDF

Author: Organisation for Economic Co-operation and Development

Publisher: Organisation for Economic Co-operation and Development ; [Montréal : Renouf]

Published: 1982

Total Pages: 264

ISBN-13:

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Oil Spills

Oil Spills PDF

Author: U.s. Government Accountability Office

Publisher:

Published: 2017-08-15

Total Pages: 28

ISBN-13: 9781974559589

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"On April 20, 2010, an explosion at the mobile offshore drilling unit Deepwater Horizon resulted in a massive oil spill in the Gulf of Mexico. The spill's total cost is unknown, but may result in considerable costs to the private sector, as well as federal, state, and local governments. The Oil Pollution Act of 1990 (OPA) set up a system that places the liability-up to specified limits-on the responsible party. The Oil Spill Liability Trust Fund (Fund), administered by the Coast Guard, pays for costs not paid for by the responsible party.GAO previously reported on the Fund and factors driving the cost of oil spills and is beginning work on the April 2010 spill. This testimony focuses on (1) how oil spills are paid for, (2) the factors that affect major oil spill costs, and (3) implications of major oil spill costs for the Fund. It is largely based on GAO's 2007 report, for which GAO analyzed oil spill cost data and reviewed documentation on the Fund's balance and vessels' limits of liability. To update the report, GAO obtained information from and interviewed Coast Guard officials. "

Oil Spills: Cost of Major Spills May Impact Viability of Oil Spill Liability Trust Fund

Oil Spills: Cost of Major Spills May Impact Viability of Oil Spill Liability Trust Fund PDF

Author: Susan A. Fleming

Publisher: DIANE Publishing

Published: 2010-10

Total Pages: 27

ISBN-13: 1437935117

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On April 20, 2010, an explosion at the mobile offshore drilling unit Deepwater Horizon resulted in a massive oil spill in the Gulf of Mexico. The spill's total cost is unknown, but may result in considerable costs to the private sector, as well as federal, state, and local governments. The Oil Pollution Act of 1990 (OPA) set up a system that places the liability -- up to specified limits -- on the responsible party. The Oil Spill Liability Trust Fund (Fund), administered by the Coast Guard, pays for costs not paid for by the responsible party. This testimony focuses on: (1) how oil spills are paid for; (2) the factors that affect major oil spill costs; and (3) implications of major oil spill costs for the Fund. Charts and tables.

Oil Transportation by Tankers

Oil Transportation by Tankers PDF

Author: United States. Congress. Office of Technology Assessment

Publisher:

Published: 1975

Total Pages: 334

ISBN-13:

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Examines the safety problems of oil tankers which could threaten the ecology and quality of the oceans and coastal areas.

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