The response to the Gulf oil spill gained momentum yesterday both in coastal states and in Washington.
In a Senate hearing, Interior Secretary Ken Salazar warned that raising the trust fund's liability cap from $75 million to $10 billion would prevent smaller and mid-sized energy companies from operating offshore, while Majority Leader Sen. Harry Reid (D-Nev.) argued for a bill that would lift the cap entirely.
In the White House, President Obama pushed for quick action on a trust fund bill, saying:
"I am disappointed that an effort to ensure that oil companies pay fully for disasters they cause has stalled in the United States Senate on a partisan basis."
BP has stated repeatedly that it will pay all legitimate claims.
In the Gulf, the Joint Unified Command reported that a "tendril of l... more »