May 4, 2010 – Multiple congressional committees are scheduling hearings with BP and other companies that may be responsible for the oil rig explosion that caused a massive oil spill in the Gulf of Mexico. Administration officials are investigating the cause of the explosion, but lawmakers are calling for additional investigations, as well as for oil companies to be held responsible for future spills.
“Our job basically is to keep the boot on the neck of British Petroleum,” Interior Secretary Ken Salazar said on CNN’s “State of the Union” Sunday.
Under the Oil Spill Liability Trust Fund law, there is currently a $75 million cap on an oil company’s liability for economic damages and other damages claimed by individuals or the government. Democratic senators yesterday unveiled a bill to raise that cap from $75 million to $10 billion, calling it the “Big Oil Bailout Prevention Act.”
Meanwhile, the Center for Responsive Politics is highlighting BP’s lobbying activities, which totaled $16 million in 2009 and $3.53 million in just the first quarter of 2010. According to the Center for Responsive Politics, Senator Mary Landrieu (D-La.), one of the democrats that has come out in defense of offshore drilling since the disaster, was the top congressional recipient of BP-related campaign cash in the last election cycle.
Do I have an Oil Spill Lawsuit?
The Environmental Litigation Group at our law firm is an experienced team of trial lawyers that focus exclusively on the representation of plaintiffs in environmental catastrophe lawsuits. We are handling individual litigation throughout the Gulf Coast and currently accepting new oil spill cases in all affected states.
If you or somebody you know has suffered an economic loss related to your Gulf Coast business or coastal property, you should contact our law firm immediately. You may be entitled to compensation by filing an oil spill lawsuit and we can help. We are currently accepting cases and/or claims in Texas, Louisiana, Mississippi, Alabama and Florida.