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Oil & Gas

Senators introduce bill to hold foreign oil companies responsible for spills

November 22, 2011
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WASHINGTON — Two U.S. senators have introduced a bill that would hold foreign oil companies directly accountable for oil spills that pollute U.S. territory, The Miami Herald reported.

The bill, introduced by Bill Nelson (D-FL) and Robert Menendez (D-N.J.), ensures that claimants can directly sue companies responsible for oil spills. The bill also removes the $75 million liability cap.

The bill was written in anticipation of a massive foreign offshore drilling operation that could begin in Cuban waters — as close as 50 miles from Key West — by late next month, the article stated.

"Hopefully, companies seeking to drill in Cuban waters will think twice once they know they would be fully liable for any damages to the Florida Keys, South Florida beaches, or if the spill reached the Gulf Stream, anywhere up the East Coast," Menendez said in a statement.
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