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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>The Oil Pollution Act of 1990 (OPA) establishes a comprehensive regime for addressing the consequences of oil spills, ranging from spill response to compensation for damages to injured parties. Other than deepwater ports subject to the Deepwater Port Act of 1974, the Bureau of Ocean Energy Management (BOEM) is authorized to adjust the limit of liability in OPA for offshore facilities, including pipelines. This rule amends BOEM's regulations to add to the regulations on Oil Spill Financial Responsibility (OSFR) for offshore facilities in order to increase the limit of liability for damages caused by the responsible party for an offshore facility from which oil is discharged, or which poses the substantial threat of an oil discharge, as described in OPA. This rule adjusts the limit of liability to reflect the significant increase in the Consumer Price Index (CPI) that has taken place since 1990. It also establishes a methodology for BOEM to use to periodically adjust the OPA offshore facility limit of liability for inflation. BOEM is hereby increasing the limit of liability for damages under OPA from $75 million to $133.65 million.</abstract>
    <identifier type="FR citation">79 FR 73832</identifier>
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        <topic>Administrative Practice and Procedure</topic>
        <topic>Continental Shelf</topic>
        <topic>Economic Analysis</topic>
        <topic>Environmental Impact Statements</topic>
        <topic>Environmental Protection</topic>
        <topic>Financial Responsibility</topic>
        <topic>Government Contracts</topic>
        <topic>Intergovernmental Relations</topic>
        <topic>Investigations</topic>
        <topic>Ocs</topic>
        <topic>Oil and Gas Exploration</topic>
        <topic>Oil Pollution</topic>
        <topic>Liability</topic>
        <topic>Limit of Liability</topic>
        <topic>Penalties</topic>
        <topic>Pipelines</topic>
        <topic>Public Lands-Mineral Resources</topic>
        <topic>Public Lands-Rights-of-Way</topic>
        <topic>Reporting and Recordkeeping Requirements</topic>
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            <partNumber>Title 30 Part 553</partNumber>
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        <summary>The Oil Pollution Act of 1990 (OPA) establishes a comprehensive regime for addressing the consequences of oil spills, ranging from spill response to compensation for damages to injured parties. Other than deepwater ports subject to the Deepwater Port Act of 1974, the Bureau of Ocean Energy Management (BOEM) is authorized to adjust the limit of liability in OPA for offshore facilities, including pipelines. This rule amends BOEM's regulations to add to the regulations on Oil Spill Financial Responsibility (OSFR) for offshore facilities in order to increase the limit of liability for damages caused by the responsible party for an offshore facility from which oil is discharged, or which poses the substantial threat of an oil discharge, as described in OPA. This rule adjusts the limit of liability to reflect the significant increase in the Consumer Price Index (CPI) that has taken place since 1990. It also establishes a methodology for BOEM to use to periodically adjust the OPA offshore facility limit of liability for inflation. BOEM is hereby increasing the limit of liability for damages under OPA from $75 million to $133.65 million.</summary>
        <dates>This final rule is effective January 12, 2015.</dates>
        <contact>Peter Meffert, Office of Policy, Regulations and Analysis (OPRA), Bureau of Ocean Energy Management, Department of the Interior, at 381 Elden Street, MS-4050 Herndon, Virginia 20170-4817 at (703) 787-1610, or email at peter.meffert@boem.gov. Questions related to the limit of liability or the 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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            <subject>Administrative Practice and Procedure</subject>
                                    
            <subject>Continental Shelf</subject>
                                    
            <subject>Economic Analysis</subject>
                                    
            <subject>Environmental Impact Statements</subject>
                                    
            <subject>Environmental Protection</subject>
                                    
            <subject>Financial Responsibility</subject>
                                    
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            <subject>Intergovernmental Relations</subject>
                                    
            <subject>Investigations</subject>
                                    
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            <subject>Oil Pollution</subject>
                                    
            <subject>Liability</subject>
                                    
            <subject>Limit of Liability</subject>
                                    
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            <subject>Public Lands-Rights-of-Way</subject>
                                    
            <subject>Reporting and Recordkeeping Requirements</subject>
                                    
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        <tocDoc>Consumer Price Index Adjustments of the Oil Pollution Act of 1990 Limit of Liability for Offshore Facilities
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        <emailRef>marshall.rose@boem.gov</emailRef>
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            <partNumber>Vol. 79, no. 239</partNumber>
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