I do believe they have a responsibility to testify postinvestigation as to their view of the findings so that they can be accountable to the U.S. Congress as the protectors of the oceans of the United States.

That fine, obviously, does not even begin to approach the amount needed to be a deterrent against a repeat of this tragedy.

It is time to hold these companies fully accountable for this spill.

Again, the reason I am raising these issues is that it is not just the Gulf of Mexico, it is everywhere.

Mr. Markey. No.

As Mr. Markey may recall, I provided a briefing to him and his colleagues on May 4 last year in the initial stages of the review of the incident.

We must vigorously exercise our oversight responsibilities to make certain that BP and other oil companies involved in the Deepwater Horizon disaster are taking the corrective steps necessary to protect the workers, economy and environment…

Halliburton looks forward to continuing to work with Congress to understand what happened in drilling the Mississippi Canyon 252 well and what we collectively can do in the future to ensure that oil and gas production in the United States…

We need to ensure that there are sufficient financial incentives in place to deter oil companies from cutting corners.

The facts are in. And it is well past time for this Committee and this Congress to enact comprehensive legislation to ensure that we prevent a similar disaster in the future.

More than one year has passed since BP's blown out well finally stopped spewing oil into the Gulf of Mexico, but Congress has not enacted a single legislative reform in response to the worst environmental disaster in American history.