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Setting Oil Spill Liability Limit: Is $10 Billiion Too High?

Publication Date: 5/19/2010
Author: Pam Hunter
Format: HTML

Description:
Is $10 billion too much legal exposure for oil spills? While Obama administration officials work to encourage Congress to bolster the resources available for the oil disaster response and recovery efforts, one proposal that included a measure to raise the liability cap for oil companies, as the President also favors, has already taken a beating on the Senate floor. But Jeff Liebman, acting deputy director of the Office of Management and Budget says the administration should still find opportunities and a bill that can be used to attach its proposals to.

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