There are 18 holding tanks at the terminal, and an average of three or four oil tankers depart from the terminal each day. Since the pipeline became operational in 1977, more than 15,000 tankers of oil have left the terminal.
The Exxon Valdezoil spill was the most devastating domestic oil spill in the United States.
A trial burn was conducted during the early stages of the spill, in a region of the spill isolated from the rest by a fire-resistant boom.
The Exxon Valdez damages assessment is also important in that it was the first which assessed the existence value of the environmental resource in question, an assessment which was done through the use of contingent valuation techniques.
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