Third Time: GOP Blocks Bill to Raise Oil Spill Liability Cap

[babylonsister]

So. Why isn't anyone complaining about the gop and their stand on this? Seems to me to be a logical target.

http://washingtonindependent.com/85686/third-time-gop-blocks-bill-to-raise-oil-spill-liability-cap

Third Time: GOP Blocks Bill to Raise Oil Spill Liability Cap
By Mike Lillis 5/25/10 5:14 PM


Twice this month, Senate Democrats have tried to pass their proposal hiking the oil spill liability cap from $75 million to $10 billion. And twice Republicans have objected, calling the $10 billion figure “arbitrary” (which is precisely what the Obama administration has called it).

Today, the bill’s sponsors tried a different tack, offering a version of the bill that removed the liability cap altogether.

It went exactly nowhere.

Objecting for the Republicans, Sen. Jim Inhofe (Okla.) said that putting oil companies on the line for unlimited liability would push all but the largest companies out of the offshore drilling business — the same argument he made last week in rejecting the $10 billion cap. In fact, Inhofe said, removing the liability cap could push even the giants of the industry — BP, Shell, Chevron, Exxon-Mobil and ConocoPhillips — out of contention for contracts, leaving only the big nationalized firms (like those in China and Venezuela) to do the drilling.

“If you take the 10 billion (dollar cap) off and make it unlimited,” Inhofe said Tuesday on the Senate floor, “that could very well shut out even the five {oil giants}, and leave nothing but national oil companies in a position to be doing {offshore drilling}.”

Back to the drawing board for Sen. Robert Menendez (D-N.J.) et al.

[donco6]

1. We don't let people in my district do work unless they can pony up the liability ins.

That's just a fact of doing business. What you can do is form a consortium. It's not that difficult.

[Arkana]

2. Inhofe is just a shameless whore.

The only way to make him more of a whore would be to tattoo the BP logo on his forehead.

[global1]

3. Now Why Would Any Politician Object To This When Even BP Says It Will Pay For All.......

damages and clean-up that this causes?

Given the level of frustration of the American people with the way BP has handled this whole situation - what politician would be so dumb to put him or herself in a position to be so contrary to the American opinion? I just don't get it. Back in the old days - this would be a perfect proposal for any politician to get behind and score points with his constituency. But I guess here in 2010 - the politician's real constituency is really the big corporation - in this case BP.

Bought and sold!!!!!!

[NC_Nurse]

4. Well if it isn't Senator Climate-Change-is-a-Hoax from Misogyny Central.

:puke: :puke: :puke: :puke: :puke: :puke: :puke: :puke: :puke: :puke: :puke: :puke:

He couldn't POSSIBLY be a tool for BIG OIL, could he?

[branders seine]

5. damned rapublicans

I wish them all ill.

[HughMoran]

6. Well, at least Rachel and Keith are reporting it

Republicans want to kill us all because they lack common sense and think business is more important than people.