Offshore Oil Drilling: A Terrible, Horrible, No Good, Very Bad Idea

The Intersection
By Sheril Kirshenbaum
Jul 10, 2008 9:52 PMNov 5, 2019 10:23 AM


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McCain and Bush are recommending a plan for offshore drilling... Having spent much of 2006 working hard to keep it far away from Florida's coast, I cannot overemphasize that this is a miserable idea. Craig McClain sums it up well over at Deep Sea News:

First, the current supply of drilling ships will put a seven year hiatus on any offshore oil making it to the market. Second, our offshore oil reserves are insufficient to meet our consumption for more than a handful of years. These are not my opinions, not a liberal or conservative view, but rather fact. X divided by Y equals Z. It's math.

Thanks Craig. I agree that an energy plan addressing supply rather than demand will not work. Furthermore, while we generally don't want tankers colliding with manatees, there are broader socioeconomic considerations as well--like those residents and policymakers in states maintaining high revenues from tourism who probably don't want to see tarballs rolling up on their beaches.

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