White House Endorses Unlimited Liability Cap For Oil Spillers
First Posted: 06- 7-10 06:00 PM | Updated: 06- 7-10 06:18 PM
Democrats in Congress and officials in the White House are making yet another major push to pass legislation to make the liability for oil companies involved in damaging spills unlimited.
On Monday evening, the White House confirmed that it favors the most recent piece of legislation that would drop any numerical ceiling to the amount of money an oil company like BP would have to pay for economic damages caused by a spill. Currently, the cap is $75 million. cont.....
