End Government Liability Caps for Oil Spills

E-Mail the Congress:

EIN New says, "Congress Urged to End Liability Caps for Spills. A top Obama administration lawyer asked Congress to get rid of all federal liability caps that protect energy companies such as BP against huge damage payments to fishermen, hotel owners and others affected by oil spills. (chron.com)".

You need to see that this suggestion develops into a Bill and strongly support it. The Obama Administration is a danger to the country because of their misplaced ideology, but a person in the Administration may occasionally have a good idea, even if it's for the wrong reasons.

A federal liability cap is nothing more than another bailout, which we abhor.

This must be a country of free enterprise, where government will not interfere with private research, development, and production of goods. That is a function that must be left to private industry. Private industry must be left to gain potential profit and also be subject to loss through incorrect judgments and actions in the marketplace. That is not to say that there should not be some government oversight to avoid unnecessary risk to the public at large.

In the case of the recent Gulf oil leak, the Oil Drilling Regulatory Section of the Administration did not do its job, in spite of the fact that they were warned by nongovernmental experts. Similarly, we don't want private industry to be working with atomic weapons and lethal disease organisms without some government oversight. The key point in all of these is that such oversight must not be picayune. It must be objective, without political influence, and concentrate on the likelihood of major disasters.