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  • oil spill liability cap

    Morning Bell: Let's Get the Gulf Back to Work

    Last night after Senate Majority Leader Harry Reid (D-NV) pulled his oil spill response bill, Sen. Robert Menendez (D-NJ) told reporters: “The key question is, whose side are you on? Are you on the side of Big Oil, or are you on the side of citizens in coastal communities?” Menendez … More

    Lift Liability Caps, Promote Safety, and Continue Drilling

    One issue arising out of the Gulf oil spill is liability for the secondary costs that stem from offshore oil and gas accidents. The liable party is responsible for cleanup costs, and that law should remain. Although BP has agreed to cover all legitimate claims, the current system does not … More