I thank Senator Menendez for his leadership on S. 3305. I hope his request will be granted. As the other Senators have said, basically whose side are you on? Who should pay for this disaster? Should it be the taxpayers of this country? Should it be the small business owners whose livelihood is now in jeopardy? Should it be the property owners who are going to suffer damage? No. It should be BP Oil and its affiliates. That is what the Menendez bill does. It places responsibility on the appropriate party. BP should pay, and there are many reasons they should pay. As Senator Menendez points out, their profit was $6 billion in the last quarter. Another reason: BP, in its exploration plan that it presented to the Mineral Management Service, MMS, to get an environmental waiver, stated ``unlikely event of an oil spill as having little risk of contact or impact on the coastlines and associated environmental resources.'' Unlikely event? Little risk of contact? They have relied upon proven response technology--these blowout preventers. They were failsafe, according to BP Oil. Yet MMS showed that the blowout preventers had failed or otherwise played a role in at least 14 accidents. There was little information about the blowout preventers at 5,000 feet of water. That was used to avoid a full environmental review.…
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