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        <title>Consumer Price Index Adjustments of the Oil Pollution Act of 1990 Limit of Liability for Offshore Facilities</title>
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    <abstract>BOEM has proposed to add a new subpart G to its regulations on Oil Spill Financial Responsibility (OSFR) for Offshore Facilities designed to increase the limit of liability for damages applicable to offshore facilities under the Oil Pollution Act of 1990 (OPA), to reflect significant increases in the Consumer Price Index (CPI) since 1990, and to establish a methodology BOEM would use to periodically adjust for inflation the OPA offshore facility limit of liability. BOEM is publishing this update to its regulations and is soliciting public comments on the method of updates, the clarity of the rule and any other pertinent matters. The Department originally limited the rulemaking comment period to 30 days since it did not anticipate receiving significant comments on this rulemaking. Since the publication of this proposed rule on Monday, February 24, 2014 (79 FR 10056), numerous comments have been received and various groups have requested that additional time be provided for them to review and analyze the implications of this proposed rule. For that reason, the comment period is being extended by an additional 30 days. The new comment period will elapse 60 days from February 24, 2014, the original date of publication of the proposed rule.</abstract>
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        <summary>BOEM has proposed to add a new subpart G to its regulations on Oil Spill Financial Responsibility (OSFR) for Offshore Facilities designed to increase the limit of liability for damages applicable to offshore facilities under the Oil Pollution Act of 1990 (OPA), to reflect significant increases in the Consumer Price Index (CPI) since 1990, and to establish a methodology BOEM would use to periodically adjust for inflation the OPA offshore facility limit of liability. BOEM is publishing this update to its regulations and is soliciting public comments on the method of updates, the clarity of the rule and any other pertinent matters. The Department originally limited the rulemaking comment period to 30 days since it did not anticipate receiving significant comments on this rulemaking. Since the publication of this proposed rule on Monday, February 24, 2014 (79 FR 10056), numerous comments have been received and various groups have requested that additional time be provided for them to review and analyze the implications of this proposed rule. For that reason, the comment period is being extended by an additional 30 days. The new comment period will elapse 60 days from February 24, 2014, the original date of publication of the proposed rule.</summary>
        <dates>Submit comments by April 25, 2014.</dates>
        <contact>Questions regarding the limit of liability established by this proposed rule, or related to the limits of liability adjustment process, should be directed to Dr. Marshall Rose, Chief, Economics Division, Office of Strategic Resources, Bureau of Ocean Energy Management at 381 Elden Street, MS-4050 Herndon, Virginia 20170-4817 at (703) 787-1538 or email at marshall.rose@boem.gov.</contact>
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        <tocSubject1>Consumer Price Index Adjustments of the Oil Pollution Act:</tocSubject1>
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