President Obama has stopped all oil well drilling in the Gulf of Mexico until we find out the reason(s) for the failure at the BP oil rig. My question is: how come BP is still allowed to drill the two relief wells to stop the oil from coming out of the original well that exploded? Do not these relief wells carry the same risks as any other wells that were being drilled?
Others have also asked these questions:
- If one airliner crashed, would we stop all airline flights until such time as we knew exactly what happened?
- What if we never find out the reason(s) for the explosion, does that mean that we never will be able to drill again for oil in the Gulf?
- What about other countries that are drilling in the Gulf (China, Mexico, Iran), does this order apply to them? And, if so, how do we enforce it? And, if not, aren't we being economically foolish?
- If, as a result of this moratorium, these oil rigs pick up shop and move elsewhere in the world, how do we entice them to come back?
- Who will insure that the extra-legal $20 billon slush fund just pledged to Obama by BP is spent wisely ... and who will keep it from becoming a huge Democrat honey pot?
1 comment:
A federal judge has just (6/22) voided the Obama administration's (extra-legal) moratorium on off-shore oil-well drilling in the Gulf of Mexico. Unfortunately, one hand slap is hardly a whipping ... but it's a start.
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