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mgb_phys
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There are a few problems with owning international waters - such as who, how, where.calculusrocks said:Just sayin'... if the oceans were private property instead of common property, then there would be injured parties that would have to be compensated.
There are rules for spills and dumping at sea even in international waters, generally the response is for anyone effected to sue the owners of the vessel. Which for rigs and oil leaks is usually pretty easy to determine.
The worst offenders in the gulf of Mexico are cruise ships. A 1000bbl/day light crude leak is nothing compared to the amount of waste water/sewage/chemicals that 100 cruise ships a day - each with 5000 people on board generate.