Thursday, June 10, 2010

Support Big Oil Bailout Prevention Liability Act of 2010

Support Big Oil Bailout Prevention Liability Act of 2010

No Taxpayer Bailout of Big Oil — Hold BP Accountable for Gulf Coast Drilling Disaster
BP oil spill cleanup

One month after BP’s Deepwater Horizon oil rig exploded and sank off the Louisiana Gulf Coast, attempts to cap the gushing well have failed. Thick oily sludge has reportedly reached Louisiana’s coastal wetlands, threatening to destroy the delicate ecosystem and the multimillion-dollar seafood industry of the region.

Congress must act now to ensure that the corporations responsible for this massive disaster pay the full cleanup costs. Under current law, corporate liability for oil spills is capped at $75 million. For companies such as BP, which reported a profit of over $6 billion in the first quarter of 2010, it amounts to less than one day’s average earnings. Senator Robert Menendez (D-NJ) recently introduced the Big Oil Bailout Prevention Liability Act of 2010 (S. 3305), which would increase corporate liability to $10 billion.

Urge your senators to cosponsor S. 3305 today and prevent the bailout of Big Oil!

Who is really at fault for the oil spill?

This Time Is Different

New York Times
June 11, 2010

My friend, Mark Mykleby, who works in the Pentagon, shared with me this personal letter to the editor he got published last week in his hometown paper, The Beaufort Gazette in South Carolina. It is the best reaction I’ve seen to the BP oil spill — and also the best advice to President Obama on exactly whom to kick you know where.

“I’d like to join in on the blame game that has come to define our national approach to the ongoing environmental disaster in the Gulf of Mexico. This isn’t BP’s or Transocean’s fault. It’s not the government’s fault. It’s my fault. I’m the one to blame and I’m sorry. It’s my fault because I haven’t digested the world’s in-your-face hints that maybe I ought to think about the future and change the unsustainable way I live my life...

1 comment:

Anonymous said...

That bill states "except deepwater ports." It's circulating facebook right now- there will be NO EXCEPTIONS. Listen Congress, our paychecks are NOT your 'magical money tree.'