David Vitter committee. In response to the April 2010 Deepwater Horizon oil spill at an offshore drilling rig in the Gulf of Mexico threatening the coast of Louisiana, Vitter introduced legislation along with Jeff Sessions of Alabama to increase the liability cap of an oil company from $75 million to its most recent annual profits (or $150 million if greater). In the case of BP, the owner of the oil lease, its liability would be $20 billion. Vitter later introduced an amendment that would remove the cap entirely for this particular spill. Competing Democratic proposals would have raised the liability to $10
Offshore oil and gas in the Gulf of Mexico (United States) from hydrates has not been produced from the Gulf of Mexico. Offshore oil and gas in the Gulf of Mexico (United States) Offshore oil and gas in the Gulf of Mexico is a major source of oil and natural gas in the United States. The western and central Gulf of Mexico, which includes offshore Texas, Louisiana, Mississippi, and Alabama, is one of the major petroleum-producing areas of the United States. Oil production from US federal waters in the Gulf of Mexico reached an all-time annual high of 1.65 million barrels per day in 2017. Oil production is expected to continue