years ago you couldn t do it at a price point that mattered, they ve been amazing in that. they ve been less amaze in figuring out how to get it from point a to point b safely. we have to be a little bit fair. in deepwater horizon, for example, they had to go back and had to renovate basically every deepwater rig that s out there in service. after the spill you re saying. after the spill, of course. it s, of course, because of people like kate that they have to do this. the reason they did a good job about cleanup is because people were watch it every day on their television. without that oversight, you don t get that kind of activity from the oil companies. blowout preventers, again, all had to be reconfigured for deepwater. and deepwater will be arguably the safest way to extract oil now, although not 100% safe by any means. do you think that? no. i don t. i mean, 3%, 3% is the amount of oil that they were able to get with skimming, with booming out of the gulf of mexic
while. leaking some oil. in 1989, 11 million gallons of oil leaked out of the exxon valdez. at the time it was worst oil spill in the country s history. exxon was initially supposed to pay $2.5 billion in punitive damage to victims until the u.s. supreme court cut that number to $500 million. by the way, the same year of the spill, exxon made $3.8 billion profit. in the 25 years between the exxon valdez spill and what happened in galveston over the weekend, there has been just about one oil spill a year of more than 100,000 gallons. in this country, alone. this is just a partial list. it doesn t count the scores of smaller oil spills. the largest oil spill in u.s. history was the bp deepwater horizon spill in 2010. the gulf of mexico. an explosion killed 11 people on the rig, and 176 million gallons of oil spilled into the gulf. that s 16 types more oil than the exxon valdez disaster.
convictions, that he had been through rehab, the target was on his back and he has carried that burden for 25 years. and you ll see tonight in this documentary, that wasn t the only issue that took this story to a whole other level. there were so many mistakes made that night. and we reveal those, we talk about those and we talk about the changes as well, and also how hazelwood is doing now, as you can see, carries a pretty heavy burden. we ll be watching tonight, oil and water, the wreck of the exxon valdez, 10:00 eastern right here on cnn. kyra phillips, thank you very much. and we continue on, top of the hour. i m brooke baldwin. and soon, planes and ships will be scrambling to get back to the narrowed search area off the west coast of australia. a precious day has been lost because. the conditions, the gail force winds, the torrential rains over the hostile seas. we re not searching for a needle in a haystack.
reef. and evidently, leaking some oil and we re going to be here for a while. leaking some oil. in 1989, 11 million gallons of oil leaked out of the exxon valdez. at the time it was worst oil spill in the country s history. exxon was initially supposed to pay $2.5 billion in punitive damage to victims until the u.s. supreme court cut that number to $500 million. by the way, the same year of the spill, exxon made $3.8 billion profit. in the 25 years between the exxon valdez spill and what happened in galveston over the weekend, there has been just about one oil spill a year of more than 100,000 gallons. in this country, alone. this is just a partial list. it doesn t count the scores of smaller oil spills. the largest oil spill in u.s. history was the bp deepwater horizon spill in 2010. the gulf of mexico. an explosion killed 11 people on the rig, and 176 million gallons of oil spilled into the gulf. that s 16 types more oil than the exxon valdez disaster. when you look back at all thi
environmentalists like yourself are going to point at these occasional mishaps. but, you know, we need this stuff. we ve got to burn it. and accidents happen. so do we get too panicked about spills? no, we don t get too panicked about spills. in fact, we don t get panicked enough. amazing it s 25 years since the exxon valdez spill. you know what technologies they re using to clean up an oil spill, now in galveston pay or four years ago with bp in the gulf of mexico, the same technologies they used 25 years ago. this is an industry pouring billions of dollars into figuring out more and more intricate ways to get stuff out of the ground. what we ve seen is they re not putting the investment to prevent or clean up. the innovation on the extraction side is amazing. everything that s coming out of the ground now because of unconventional oil, horizontal drilling, all this stuff 10, 15 years ago you couldn t do it at