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Senate Mulls Lifting Caps On Oil Damages

By Jessica Dye (June 9, 2010, 2:45 PM EDT) -- Members of the U.S. Senate Environment and Public Works Committee on Wednesday divided sharply on a proposal to remove economic damage limits under the Oil Pollution Act, with some seeing it as an effective deterrent and others warning it could make all but the biggest offshore drillers uninsurable....

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