The bill has some shortcomings, as I understand the bill. First, it only applies to water spills. Those types make the news and garner public attention, but what about the land spills from rail transport, drilling, oil pipelines, etc?? Just keep it business as usual? Second, the bill, as I see it, is not just for the oil companies, but also applies to persons that are connected to the company. So, if a person simply own stock in Risky Oil Venture, and they have a spill, how is that individual being protected? Third, it applies to spills in US navigable waters. I’ve looked it up, the BP spill was 40 miles from the coast, outside of our territorial waters , so initial spill was not applicable as the bill is written. Granted the oil did move to US waters, but the spill itself may have been in international waters. I do commend the bill for being written broader than just addressing oil spills. Nevertheless, the bill needs to be amended to fix its problems before it can be seriously considered.