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ExxonValdez

Published: 05/13/10

GOP Blocks Bill to Raise Oil Companies' Liability to $10 Billion

By  Patricia Murphy - Politics Daily
GOP Blocks Bill to Raise Oil Companies' Liability to $10 Billion

Republican Sen. Lisa Murkowski of Alaska objected Thursday when a group of Democrats tried to pass a bill to increase oil companies' liability after an oil spill from $75 million to $10 billion. With Murkowski's objection to the bill, the measure is stalled for now. Murkowski, the top Republican on the Senate's Energy and Natural Resources Committee, told the three Democrats that she shares their empathy for Gulf Coast residents who are suffering from the effects of the British Petroleum spill, especially because her own state struggled to recover from the devastating results of the Exxon ...

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Published: 07/16/08

Drilling Fever

By  David Knowles - Politics Daily
Drilling Fever

With the price of gasoline topping $5 a gallon in some parts of the country, America suddenly finds itself gripped by what might be called "drilling fever." Yesterday, the president reversed his father's executive ban on exploratory drilling on the Outer Continental Shelf, and urged Congress to ditch the legislative restrictions that have kept the oil rigs within a limited parameter off our coasts. Here in Florida, a state often mentioned as a prime candidate for future drilling, the idea of drilling is a hot topic in Republican circles. Two nights ago, I listened in on a telephone "town hall" ...

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