Energy

Tuesday, June 8, 2010 10:30 AM

Need-To-Know Memo, June 8

By Christopher Snow Hopkins, NationalJournal.com

1) The White House on Monday expressed its support for eliminating the liability cap for offshore drilling accidents (Wall Street Journal).

2) Administration officials also said that the Minerals Management Service would release new safety requirements for drilling in shallow waters as soon as today (Wall Street Journal).

3) Sens. John Kerry, D-Mass., and Charles Schumer, D-N.Y, will meet this week to discuss legislative vehicles for a comprehensive energy and climate bill prior to sitting down with Senate Majority Leader Harry Reid on Thursday (CongressDailyAM). At issue is whether climate and energy legislation should be offered as a floor amendment to the Senate's initial response to the oil spill in the Gulf of Mexico (Energy & Environment Daily -- subscription).

4) "A series of internal investigations over the past decade warned senior BP managers that the oil company repeatedly disregarded safety and environmental rules and risked a serious accident if it did not change its ways" (ProPublica).

5) BP said Monday that a cap on its ruptured well was collecting 11,000 barrels of oil a day. But "it is difficult -- if not impossible -- to assess the containment cap's effectiveness" given conflicting estimates of how much oil is spewing out (New York Times).

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