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Lift liability cap for oil spills

Miami Herald --
Senate dawdles while Gulf mishaps continue
Foot-dragging and partisan politics are likely to replace common sense this fall in the U.S. Senate.

The Deepwater Horizon exploded four months ago, apparently long enough to fog lawmakers' memories and dampen the political will required to reform a poorly regulated industry.

Among the many proposals before the Senate is one that would lift the liability cap for companies responsible for damaging spills. This is a no-brainer.

In 1990, lawmakers capped liability at $75 million, a preposterously low sum compared to Deepwater damage claims.

Even BP knew the sum was too low and quickly agreed to a $20 billion compensation fund. But oil industry lobbyists are pushing hard against lifting the cap, and lawmakers are listening with open wa

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Submitted Sep 03, 2010 By: Manolo1

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CruisinLinda Champion Author Tallahassee Posts:7,947 Points:1,621,420 Joined:Sep 2005	Message Posted: Sep 3, 2010 3:54:04 PM Ignore CruisinLinda Report Abuse We have the best members of Congress money can buy.
Wood_Chopper Veteran Author South Carolina Posts:499 Points:857,455 Joined:Oct 2004	Message Posted: Sep 3, 2010 2:50:04 PM Ignore Wood_Chopper Report Abuse Whats the problem, gas prices aren't high enough yet? BP has already ponied up for 20 billion, isn't that enough - US congress, EPA etc etc government entities get out of the way and let business produce some jobs [Edited by: Wood_Chopper at 9/3/2010 2:50:39 PM EST]
rbrowdersr Champion Author Detroit Posts:4,195 Points:1,405,790 Joined:Aug 2006	Message Posted: Sep 3, 2010 2:49:20 PM Ignore rbrowdersr Report Abuse Governmental involvement!!
xiang102 Sophomore Author Missouri Posts:201 Points:66,500 Joined:Mar 2010	Message Posted: Sep 3, 2010 2:40:42 PM Ignore xiang102 Report Abuse hope that will work out1
eddyp94 Champion Author Ontario Posts:6,748 Points:1,380,810 Joined:Mar 2008	Message Posted: Sep 3, 2010 2:38:42 PM Ignore eddyp94 Report Abuse just keep drilling for oil...
fullauto Champion Author Reading Posts:3,307 Points:1,066,475 Joined:Apr 2008	Message Posted: Sep 3, 2010 2:08:28 PM Ignore fullauto Report Abuse tar and feather congress, coat with honey, let the african bees have at em.
Jarod13 Champion Author Virginia Posts:3,470 Points:1,048,855 Joined:Oct 2008	Message Posted: Sep 3, 2010 2:08:00 PM Ignore Jarod13 Report Abuse Night Owl -- I totally agree...the negligent party should be responsible for all damages associated with the accident. Even with BP's $20 Billion compensation fund, it won't even come close to covering all costs and losses associated to the Deep Horizon incident.
oldiesman Champion Author New York Posts:4,211 Points:1,762,950 Joined:May 2006	Message Posted: Sep 3, 2010 2:02:50 PM Ignore oldiesman Report Abuse Time for an overhaul of the Congress. Get rid of the moochers. These spills seem to be a deterrent to the elections.
Night Owl Champion Author Toronto Posts:5,260 Points:1,332,750 Joined:Jul 2004	Message Posted: Sep 3, 2010 1:51:46 PM Ignore Night Owl Report Abuse When a company is negligent, they should be responsible for every penny of damage they cause.
coughlin Champion Author San Jose Posts:3,336 Points:755,050 Joined:Sep 2009	Message Posted: Sep 3, 2010 11:46:06 AM Ignore coughlin Report Abuse It's got to happen. If they want a ceiling on dollars, it could be tied to a % of GDP or Cost of Living or the price on a gallon of gas, anything. But the current Liability Cap has got to go.
Amplion Champion Author Oregon Posts:4,237 Points:1,398,310 Joined:Sep 2005	Message Posted: Sep 3, 2010 11:28:13 AM Ignore Amplion Report Abuse CLEAN THE HOUSE IN NOVEMBER & KICK OUT ANY SENATOR UP FOR RE-ELECTION TEA PARTY TIME
ramammoth Champion Author Modesto Posts:1,389 Points:278,565 Joined:Mar 2007	Message Posted: Sep 3, 2010 10:56:50 AM Ignore ramammoth Report Abuse Who's more scummy, the lobbyist or the lawmaker who takes their money. Vote your opinion.
realtorguzzler Champion Author Florida Posts:1,488 Points:259,210 Joined:Jun 2010	Message Posted: Sep 3, 2010 10:09:46 AM Ignore realtorguzzler Report Abuse Never like lobbyists! They're scum.
bluehawk43 All-Star Author Arkansas Posts:679 Points:503,890 Joined:May 2009	Message Posted: Sep 3, 2010 8:47:13 AM Ignore bluehawk43 Report Abuse Probably one of the safest things the government could do is to quit pushing the oil companies out so far. Let them drill in shallow waters where it is safer.
DerHahn Champion Author Illinois Posts:11,147 Points:1,653,265 Joined:May 2004	Message Posted: Sep 3, 2010 8:06:04 AM Ignore DerHahn Report Abuse shouldn't be any cap on recovery cost. oil company should be 100% responsible for clean up cost.