Exxon still has not paid the $2.5 billion in punitive damages it owes 30,000 Alaskans from the Valdez spill. Exxpose Exxon has now uncovered that the world’s richest corporation is hardly showing remorse in its operations either, as it continues to operate the only single-hulled oil tanker being used by an oli company in Alaska’s Prince Wiliam Sound. That’s the Exxon Valdez’s sister ship, Sea River Long Beach.
Exxon’s $4.5 million per hour profit ($40 billion per year) and its recent rising stock price are not encouraging the company to pay what it owes or practice the safety it says it now preaches. No company is more ripe for the seven-foot tall wooden Exxon Ridicule Pole erected in Cordova, Alaska, according to Exxon Exxposed. The group says, "The special totem pole is a native Alaskan tradition meant to force a person of high standing to pay a debt or obligation."