And the levy was dry. OPA Trust Fund levy expires.

 

 

The US Oil Pollution Act of 1990 set up a trust fund to take care of expenses beyond the costs that might be covered by the responsible party spilling any oil. This was funded by the federal Oil Spill Liability Trust Fund levy of 9cts per barrel. The levy expired on 31 December 2017 and has not been renewed. There is currently about $5.7 billion in the fund.

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