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BP May Evade Higher Oil Spill Liability Under OPA

By Nick Malinowski (May 25, 2010, 5:20 PM EDT) -- Associate Attorney General Thomas Perrelli told senators Tuesday that the Obama administration is not looking to lift the $75 million liability cap under the Oil Pollution Act retroactively, potentially letting BP PLC off the hook for millions of dollars in economic losses from the Deepwater Horizon disaster....

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