Testimony of Congressional Research Service expert Rawle O. King testifying before the Senate Committee on Energy and Natural Resources about the financial impact of the BP Gulf of Mexico oil spill.
CRS was asked by the committee to provide testimony on financing recovery from large-scale disasters, and to review the amount of insurance that is likely to become available from the commercial insurance market for third-party pollution liability damages facing operators of offshore energy facilities in the aftermath of the Deepwater Horizon accident.
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