On the recordApril 24, 2013
We have not raised the civil penalties that can be levied by the Interior Department against oil companies that violate the law so that they are a meaningful financial deterrent.
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congress.govWe have not raised the civil penalties that can be levied by the Interior Department against oil companies that violate the law so that they are a meaningful financial deterrent.
Holt highlights the inadequacy of current penalties for oil companies.
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At some point, that becomes a convenient excuse for a legislative strategy designed to produce political slogans rather than public laws.
Like most legislative proposals from the Majority, the bill was drafted without any attempt at bipartisan or bicameral cooperation.
Our domestic oil production is at a 20-year high. Natural gas production is at an all-time high.
These bills are relics of a bygone area--as relevant as the telegraph or the horse and buggy.