07/17/2013
https://www.congress.gov...
"the industry is developing impressive new well containment technologies and there are new standards being established within the industry itself."
"We think this cap is a, obviously 20 years out of date."
"Thank you again for your specific recommendation about Clean Water Act fines related to the event. I just want to underscore, particularly for my colleagues, you all specifically recommended that we l..."
"if the liability cap is too low and is not reflective of the real economic consequences, then the cost is not going to go away."