Changing liability rules on BP would be unfair
Crude and heavy
The oil major's critics in Washington want to increase more than 100fold a $75 mln cap on its legal liability beyond the cost of cleaning up its Gulf spill. The ceiling seems absurdly low. But BP is resigned to paying more and retroactively raising the cap would be overkill.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.