Exxon will not have to pay for cleanup after its giant spill in Arkansas because of a loophole that classifies the oil the pipe was carrying as something other than oil.
Exxon will not have to pay for cleanup after its giant spill in Arkansas because of a loophole that classifies the oil the pipe was carrying as something other than oil.
Likely an incentive to get more crude from places we do not have to bomb, torture, or nation build. Exxon will end up paying much more than 8 c/Bbl for this disaster. BP spill cost them around 40 B.