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Carl Pope

Carl Pope

Posted: May 13, 2010 03:40 PM

Big Oil Keeps Its Bailout -- For Now

What's Your Reaction:

Washington, D.C. -- Alaska Senator Lisa Murkowski moved today to guarantee a bailout of BP and other parties responsible for the Deepwater Horizon oil catastrophe. Senator Robert Menendez had introduced legislation,  (The Big Oil Bailout Prevention Act) that would have ensured BP can't hide behind the $75 million liability cap that the oil industry had previously lobbied and obtained from Congress for damages from an oil spill.

But Murkowski, once again using the Senate's "Polish rules" by which a single senator can prevent the majority from legislating in a crisis, blocked consideration of the bill. By objecting to proceeding with the Big Oil Bailout Prevention Act, Murkowski did a huge favor for her allies and financial supporters in the oil industry. That's because Menendez's bill not only would have protected fishermen and communities in the Gulf of Mexico from being stuck with the bill for Big Oil's recklessness at Deepwater Horizon -- it would also have ensured that, as the oil industry moves into even more-dangerous Arctic waters of  the Chukchi and Beaufort Seas, it would be held accountable for future catastrophes.

BP itself had earlier promised not to hide behind the $75 million liability shield, and claimed that it would pay any legitimate claims.

In cosponsoring Menendez's bill, Florida Senator Bill Nelson expressed his disbelief of this promise:

"BP says it'll pay for this mess. Baloney. They're not going to want to pay any more than what the law says they have to, which is why we can't let them off the hook."

And sure enough, just a few hours before Murkowski bailed out Big Oil, Transocean, BP's partner in Deepwater Horizon, filed a motion in federal court not only to hide behind the $75 million liability limit, but to use an antiquated 1851 maritime law to limit its liability to only $27 million. Maritime law was the basis for Exxon's dodging most of its liability for the Valdez oil spill, and now Transocean plans to use the same standards -- written for merchant ships but now being applied to enormous oil platforms on the reasoning that, if it floats, it must be a "vessel."

Murkowski's Polish veto won't be the end of this battle. Menendez will try to attach his bill to other energy legislation as it comes to the Senate floor. But her action today makes it clear that she is not just the Senior Senator from Alaska -- she's also the Senator from Big Oil.

 
 
 

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HUFFPOST SUPER USER
Sarad
10:38 PM on 06/08/2010
According to OpenSecrets.org, Murkowski received $718,600 from the energy and natural resourses people in this election cycle, 2005-2010. She must have been on the phone a lot since she raised more than $2 Million for her campaign.

Her Democrat opponent has raised a little over $300. Not much chance, but I would say she's one of those who should be kicked out of office.
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HUFFPOST SUPER USER
silversister
05:33 PM on 05/25/2010
I'm wondering if a massive boycott of all BP products in the US, would "encourage" BP to be a bit more motivated to get that gushing portal to the pit of hell closed.
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HUFFPOST SUPER USER
silversister
05:31 PM on 05/25/2010
Too bad we can't just send the oil that is destroying the wetlands in Louisiana up to Alaska... perhaps she'd appreciate a mess of this enormity in HER backyard! I can't imagine that the political powers that be in the most affected states will stand idly by and allow this to fly....
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HUFFPOST SUPER USER
Tee McDonald
03:25 PM on 05/25/2010
Maybe we should all get together and begin writing a bill to bail us out--the "we the people bail out."

"...Today, an historic bill was passed. Commonly referred to as the "We the People BailOut," this unique bill will provide U.S. citizens who earn between $30,000 and $100,000, adjusted for family size and number of dependents, amnesty of all and any debt incurred prior to 2010, including IRS debt and penalties. U.S. citizens were instructed to forward all bills to a special commission charged with validating citizenship, actual debt, etc. Angry Republican leadership "opted out" of this amnesty and also "opted out" any voters who have registered as Republicans or libertarians over the past 10 years. Outraged Republican voters stormed voter registration depts all over the country to burn the records that would have proved their voting status."
HUFFPOST SUPER USER
BannedNBoston
Is hemp legal yet?
02:01 PM on 05/16/2010
Legalizing hemp is the best way to reduce NG based fertilizer use. Dont forget the dead spot in gulf.
Hemp seeds could be used for pig,chicken and turkey feed.(complete protein makes them grow twice as fast)
Use the leaves for hemp diesel and the fiber for ethanoil.
Hemp 6X the Btus of corn
8X the oil of canola.

Aerosol Crimes Slideshow here:
http://www.facebook.com/photo.php?pid=61181&l=727430de4b&id=100001039804456
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HUFFPOST COMMUNITY MODERATOR
rich misty
Greed is not Patriotism
01:48 PM on 05/16/2010
http://www.youtube.com/results?search_query=polluter+harmony+ad&aq=f

The Green Peace "Polluters Harmony" ads - "Jeff's Story" at the top directly relates to this discussion.
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12:41 PM on 05/16/2010
I'll say it again:
We may very well have the the most corrupt political system on the planet.The sheer, brazen arrogance of these politicians and corporate goons is breathtaking.
And watch as the White House meets this latest slap in our faces with bellicose rhetoric that soon melts into tacit approval.
The American tax-payer is sure to foot this bill.
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HUFFPOST SUPER USER
Jack Webb
Just the facts, ma'am'
12:15 PM on 05/16/2010
I'd like to think that a senator from Alaska of all places would know better. Maybe she just needs to be woken up.

Hey Murkowski!!!!

Remember the Valdez? Remember that half-assed "cleanup" Exxon did? Remember what your state's greasy coastline used to look like????

Wake up Murkowski!!!!
02:24 PM on 05/15/2010
Lisa Murkowski like her farther the through and through conservative republican on the pay roll of the oil companies is just a wee bit smarter then the ding bat Palin. Then again. Alaska interests are not like the rest of the nation. Oil companies provide over 50% of Alaska revenues and every conservative republican there gets subsidized. Alaska has less then 700,000 population and as compared to say CA, FL, MI, IL, TXis represented by one too many Senators. This opportunist like her pal the Palin , the other nit wit need to tar and feathered and used as garbage to plug the oil leak.
11:45 PM on 05/14/2010
Speaking of big oil, with specific regard to available alternatives--

I hate to do this to everyone, but I'm sure after reading the email forward below you'll forgive me, as it is pertinent in the most acute fashion:

Dear Friends,

The Belgrade High School Renewable Energy Club is competing for a grant to install a Solar Photovoltaic system and implement a number of renewable energy curricula on/in Belgrade High School, and the receipt of the grant is decided exclusively by popular, online vote. Thus, we're rallying now for all the votes we can manage. Voting is only open until tomorrow (Saturday, May 15th) night at 11:59, eastern time! Detailed below is the voting process-- if you would firstly vote, and then forward this message to virtually everyone you know, it would be deeply appreciated.

To vote:

Go to brighterplanet.com, and sign up for an account.

Select the "Project Fund" tab, select the "Belgrade High CARE Project", and cast your three votes!

Simple.

The mass, grass-roots effort being put into this grant represents the larger, over-arching goal of "greening" Montana's schools, and, as the only Montanan project in the running, we are working to form a communal base of support amongst as many schools, organizations, and individuals in Montana as possible.

It all starts with this round of voting, which is why every vote counts.

My thanks, and please spread the word,

Matt Powell-Palm
President,
Belgrade High School Renewable Energy Club
matt.the.funk.machine@gmail.com
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HUFFPOST SUPER USER
Dave Thinkster Paulson
A concerned American moderate
03:16 PM on 05/14/2010
Murkowski's behavior is criminal. It's hard to fathom how voters in Alaska tolerate such blatant support for crony capitalism. Senator Menendez's bill was all about trying to expedite the payment of damages to those affected. The action would help prevent citizens along the Gulf Coast from experiencing the same dodge and rip-off perpetrated by Exxon upon the people of Alaska: http://www.adn.com/2009/03/24/734547/on-20th-anniversary-of-oil-spill.html. But alas Murkowski, who's more than a bit murky in the ethics department, understands the time value of money, and also knows to whom she's beholding. Big Oil is her #2 contributor, behind the utilities, and she's just being a good lackey.
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bbrecht
"pray for the dead, fight like hell for the liv
08:39 AM on 05/15/2010
Agreed, if only we could throw all of such criminals and collaborators in jail!
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01:22 PM on 05/25/2010
Too bad they write our laws...
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HUFFPOST SUPER USER
silversister
05:39 PM on 05/25/2010
The people of Alaska have the power to rid themselves of corrupt politicians... all they have to do is VOTE...
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HUFFPOST SUPER USER
Dave Thinkster Paulson
A concerned American moderate
07:39 PM on 05/25/2010
I hear what you're saying, but of course, in order to do as you suggest, there would have to be non-corrupt alternatives . . . I'm sure that Alaska can do better than Murkowski, but in the end, the problem is that the system has been corrupted. Until we achieve certain important reforms, like for campaign financing, we're doomed to have Congress continue to vote on their big-money benefactor’s account: http://www.thinkersjam.com/who-is-congress-working-for/
12:36 PM on 05/14/2010
If and when all the lidigation has been sorted out lets hope the decision does not fall into the hands of the supreme court or any federal court for that matter. Based on past dicisions, those folks that are most affected will be screwed. I suppose their is no value to marine life or coastal eco systems, no telling what the hell is going on below the water surface, cold water, deep and no telling what the oil is doing or where is will end up. The dispersants are propietary so we have no idea what kind of toxins or damage they themselves pose. Please take Mukowski and stick her down in the pipe, maybe her and her big head will stop the leak.
06:07 PM on 05/14/2010
Great idea - head first
HUFFPOST SUPER USER
worker beenumbed
10:03 PM on 05/14/2010
First Allow her to donate her gold crowns to the poor fishermen.
06:38 AM on 05/14/2010
What bothers be about these idiot Alaskan politicians is that they act as if they can't regulate oil or gas because then---WHAT? - they think no one will come to Alaska and drill anymore? They're sitting on top of a precious asset and should be able to ask for anything...but they ask for nothing, not even basic safety precautions. Disaster planning---HA! It's a disgrace. Enact tougher regulations - you'll still have Exxon knocking on your door.
11:39 AM on 05/14/2010
It's not fear of no more business in the state. Murkowski and others want to stay alive politically and politicians can be bought and sold. Especially since the Supreme Court decision permitting corporations unlimited and anonymous spending in the political arena.
02:47 PM on 05/14/2010
I don't care what the Supreme Court ruled. I'm for limiting Corporate Lifespans, and for the American People to pay for Set Campaign spending for Congressman, Senators & Presidents so we can get some new people in to restore our Constitution and get back to basics and common sense 'do no harm' practices. It's a conflict of interest for these Judges to vote on this ruling if they themselves are selected by the current political party. I'm tired of Corporate Shills in Government. We need to clean house and fix what's wrong. Corporations are a business and not a living entity and if they mess up, then they MUST pay for their mistakes and DIVEST themselves to pay off their debts & then the stockholders. I say put that money into Education, Education, Education to come up with clean GREEN Energy, instead of sustaining a corrupt system where 'We the People' have little power.
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HUFFPOST SUPER USER
capitaldysfunction
White male never voted Republican
02:25 AM on 05/14/2010
Before the Republicans announced their opposition to Wall Street financial reform, Mitch McConnell and company met with Big Bank reps to get their talking point and strategy recommendations. The congressional Repubs were videoed on Chris Matthews MSNBC show on 05-13-2010 on their way to a meeting with Big Oil in DC. The insurance-pharma industrial complex supplied the Republicans with financial support and talking points on health care reform.

And while Big Oil, Big Banks, and the insurance companies were supplying the Republicans with their campaign cash, the right wing chorus was busy singing "They both do it, they both do it".

My 80 year old mother-in-law thinks that Obama has cut her social security and is going to cut her Medicare. Part of that is confusion but a significant part is the Republicans use of the Big Lie.
12:10 PM on 05/14/2010
First, I'm not a Republican.

Sorry dude blaming Republican's ain't gonna work anymore.. I'm as sick of people pointing the finger at each party as I am of the government itself. Make no mistake it is both democrats and republicans that are ruining this country. Both of them.. All of them..
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HUFFPOST SUPER USER
capitaldysfunction
White male never voted Republican
01:28 PM on 05/14/2010
Sorry if coming down hard on Republicans upsets you. I agree there is a lot of blame/corruption to go around. But the one political party that is virtually in lockstep to prevent change and throw a wrench in the legislative machinery-- all to the benefit of monied interests like oil, insurance, and big banks, it is the Republicans. This article is one example, but again I agree there is blame to go around. Start with the American people if you want to point your finger in more directions than just the Republicans. Along with a US Senate that is FUBAR'ed, the Americans are la creme de la creme-- of stupidity and ignorance.
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HUFFPOST SUPER USER
Dave Thinkster Paulson
A concerned American moderate
03:35 PM on 05/14/2010
You're absolutely correct in asserting that the corruption of our government crosses the aisle, but to make no distinction between the Republicans and Democrats is foolish. Murkowski's subservience to her Big Oil masters is just their most recent act of loyalty to business over The People. Witness the way in which the Republicans have done everything they can to create stalemates to prevent any legitimate action to restore jobs. Look at their continued blocking of even weak reform for the financial industry. Recall the hyperbole and outright lies they used to try and stop healthcare legislation. The Republicans are the obedient servants of their big-money taskmasters, and they don't care about the average American -- PERIOD!

And the saddest thing about it is that they can somehow still convince so many to buy into their twisted rationale. Of course, their main tactic is fear mongering, and they're damn good at it: http://www.thinkersjam.com/fear-the-evil-left/.

BTW, when it comes to Big Oil, the Dems don't even come close to the Repubs. Check out the campaign contributions: http://www.opensecrets.org/industries/summary.php?ind=E01&cycle=All&recipdetail=M&sortorder=U. Does it seem a little slanted to the right to you?
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HUFFPOST SUPER USER
Robert Cortez
If I had all the answers I wouldnt be writing here
11:01 PM on 05/13/2010
This doesn't surprise me from Senator Murkowski. The petroleum industry is critical to Alaska, and has contributed vast amounts to her campaigns. However, Alaskans know first hand how disastrous an oil spill can be on not only the ecology, but by men, women and businesses that depend on the sea for their livelihoods. To allow an oil company to avoid their full responsibility for their actions is simply disgusting and unforgivable. She should be ashamed of herself. I am ashamed of her being my Senator.
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Amadahy
loves peanut M&Ms and Whippoorwills
03:53 AM on 05/14/2010
Thank you. I hope that some of her consituents let her know of their disgust, instead of this just being business as usual, and that she be held accountable for this very poor choice. I'm doing my best to contain my anger.