Bureau of Ocean Energy Management January 18, 2018 – Federal Register Recent Federal Regulation Documents

Oil Spill Financial Responsibility Adjustment of the Limit of Liability for Offshore Facilities
Document Number: 2018-00798
Type: Rule
Date: 2018-01-18
Agency: Department of the Interior, Bureau of Ocean Energy Management
The Bureau of Ocean Energy Management is issuing this final rule to adjust the offshore facility limit of liability for damages under the Oil Pollution Act of 1990 (OPA) to reflect the increase in the Consumer Price Index (CPI) since 2013. This rule increases the OPA offshore facility limit of liability for damages from $133.65 million to $137.6595 million.
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