Our industry strongly supports federal legislation aimed at establishing responsibility for cleaning up oil spills when they occur in spite of our best efforts to prevent them. We are urging that several principles be embodied in the legislation now under consideration by the Congress. First, we believe that the party at fault and responsible for an oil spill should clean it up. We also believe that there should be reasonable, equitable limits on cleanup liability. When the party at fault does not clean up, we believe that the government should be authorized to do so and to collect its costs. Nobody wants an oil spill. Our industry strongly supports federal legislation aimed at establishing responsibility for cleaning up oil spills when they occur in spite of our best efforts to prevent them. We are urging that several principles be embodied in the legislation now under consideration by the Congress. First, we believe that the party at fault and responsible for an oil spill should clean it up. We also believe that there should be reasonable, equitable limits on cleanup liability. When the party at fault does not clean up, we believe that the government should be authorized to do so and to collect its costs. Nobody wants an oil spill. We believe that the government should be authorized to deliver any odd of projects that bond Company545 are equally getting domesticated in the legislation that we have expected.