API: House spill bill will kill offshore jobs

08/2/2010 | Google · Boston Globe (tiered subscription model), The

The American Petroleum Institute and Republican House lawmakers criticized the passage of a bill in response to the Gulf of Mexico spill, saying it will cost jobs and raise federal spending. The measure would lift the $75 million liability limit for spills and would heighten offshore-drilling safety standards. "This bill effectively bans development and sends thousands of workers in offshore communities to the unemployment lines," said API President and CEO Jack Gerard.

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Google · Boston Globe (tiered subscription model), The

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