Pelosi: House Will Raise BP's Liability For Oil Spill From $75 Million To $10 Billion

House Speaker Nancy Pelosi (D-Calif.) said Thursday that the House will pursue legislation to raise the liability of those responsible for oil spill from $75 million to $10 billion. (0:29)
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[Brent]

10billion is nothing for an environment disaster like the BP oil spill. This is 100 time more and severe than the 9/11 disaster. In my openion the liability should be atleast 100 Billion for the cleanup, rehabilitation of the affected species and business/families. And to monitor and watch down the line in 10/15 years how this affect the lifes of the coastal community and marine animals. Do they get some kind of cancer diesease who should be taking care of them down the road 10/15 years after?

[Obewon]

When BP's fraud is likely proven. liability is UNCAPPED or at a minimum initially Tripled i.e BP, T-O & HAL ignoring the Blow Out Preventer damaged by HALliburton drillers that destroyed the BOP 4 weeks prior to HAL's on-board celebration.., 20 hrs before the Blow-Out.

* Also as per BP & HAL's identical Australian blowout 17 hours before the "Montara spill" well blew out. HAL admitted screwing up and not training their operators in blow out Failure or prevention.

This was also chronicled in the 5/16/10 60 minutes interview of the on board Chief-Electronics-Officer/CTO of the T-O rig. confirming many ignored by BP warnings...