Yes. British Petroleum made about $5.6 billion in the first 3 months in profits--not proceeds, profits. Right now the liability cap that exists under the law is $75 million, 1 day of BP's profits, based on the first quarter's $94 million. So it is less than 1 day's profit.
Menendez is discussing the profits of British Petroleum and the liability cap under the law.
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