Big Oil Wins Again

According to the New York Times, it looks like the Good-old boys and girls down at the Supreme Court took care of their buddies at Exxon-Mobil when they "reduced the Valdez Case from what had once been a $2.5 billion punitive damages award against to about $500 million.

Simply said, this sucks. So lets see... A company makes billions of dollars a year, knowingly allowed a drunk named Mr. Hazelwood, to captain a tanker through Prince William Sound. Hazelwood drinks 5 vodkas and creates the biggest oil spill in American History. The company gets nailed (rightfully so) with a 2.5 billion dollar in punitive damages....and the Supreme Court reduces it because in their words: "“We consider that a 1:1 ratio, which is above the median award, is a fair upper limit in maritime cases,”.

What a sad day for America.