Alabama Attorney General Troy King went to work immediately after the oil spill began in an effort to help folks affected by the crisis and to hold BP and other companies responsible. Troy called a special meeting of the Attorneys General from Florida, Mississippi, Louisiana and Texas to meet with him to discuss issues related to BP and the oil spill. The Attorneys General said jointly they want Gulf Coast residents to know that they will work together to hold BP and other responsible parties fully accountable.
President Obama was asked to take all legal steps necessary to lay blame for the massive Gulf oil leak and was asked to clear the way for possible court action. President Obama made it clear during a visit to the Louisiana coast on May 3rd that he will make BP pay for the cleanup. A formal declaration of responsibility is needed before the Attorneys General can take legal action against BP or any others companies. I am confident President Obama will do whatever is necessary within his authority to protect residents in the Gulf Coast states.
The White House has already been working to lift the limit on how much BP pays for the Gulf Coast oil spill. The President wants Congress to change a law that caps at $75 million BP’s liability for economic damages such as lost wages or dwindling tourist dollars. BP is responsible for all cleanup costs under the Oil Pollution Act, but other economic costs will be in the billions. The President wants the amount raised to $10 billion.
Finally, the Attorneys General asked President Obama for federal help in preparing damage assessments. Letters were sent on May 6th to the President and to Attorney General Holder, requesting a state-federal working group on enforcement and potential litigation to avoid duplication. Under federal law, responsible parties also have unlimited liability for clean-up costs. Every effort must be made to ensure full restitution to the states is made by the parties responsible for the spill. But the people and businesses who have suffered losses and will in the future must also be protected.
Source: Associated Press and Forbes
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