Disasters

"NOAA Warned Interior It Was Underestimating Threat Of Serious Spill"

"National Oceanic & Atmospheric Administration officials last fall warned the Department of Interior, which regulates offshore oil drilling, that it was dramatically underestimating the frequency of offshore oil spills and was dangerously understating the risk and impacts a major spill would have on coastal residents."

Source: Huffington Post, 05/04/2010

"Oil Spill Concerns Turn To Compensation"

Although BP has said it will compensate victims, "lawmakers and Gulf Coast residents began questioning whether the company will take full responsibility for the economic losses stemming from the spill. ... A law passed after the 1989 Exxon Valdez spill requires companies to pay for cleanup costs but no more than $75 million for other damage."

Source: Wash Post, 05/04/2010

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