The Oil Pollution Act (33 U.S.C. s. 2702 et seq.) contains liability limits related to oil spills, including a potential $75 million limit applicable to the Deepwater Horizon spill in the Gulf of Mexico. Not surprisingly, there are efforts to raise that limit - substantially. See, e.g., here (from the Sun Herald, noting an effort to raise the limit - retroactively - to $10 billion).
Tags: Energy
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