It is truly astonishing how the Obama administration has not only failed to address the problem of rising gasoline prices, but actually spent the last two years making the problem worse.
In 2008, with a federal offshore drilling ban in place and a Congress that cared little for allowing more domestic energy production, gasoline prices began to spike toward $4 per gallon. With billions of barrels available for development offshore, our government’s decision to keep those resources under lock and key received the justified scorn of Americans who suddenly had to work longer just so they could afford to drive to and from work.
Posted in Drill Baby Drill
Tagged Barack Obama, Black Gold, conservative blog network, Fiscal Responsibility, Libs, Offshore Oil Production, OIL, OPEC, Political Accountability, Resident in Chief, Resident in Thief, Texas Tea, Tim Geithner
My thoughts and prayers go out to the families and friends who lost love ones in this disaster. 1 Dragon
Eleven people died when BP’s Deepwater Horizon oil drilling platform exploded nearly two weeks ago in the Gulf of Mexico, 53 miles southwest of the Louisiana coast. It’s a sad measure of how much of the subsequent commentary on this disaster has focused solely on the environmental effects, thus ignoring completely the pain and suffering of the families of the 11 who died in the inferno. The worst off-shore oil disaster occurred in 1988 in the North Sea 120 miles from Aberdeen, Scotland, when a massive explosion on the Piper Alpha platform killed 167 men. For families of those killed in any drilling accident, however, the only number that counts is the one representing a father, husband, or brother.
As for the environmental damage caused by Deepwater Horizon, Secretary of the Interior Ken Salazar deserves commendation for reminding everybody over the weekend that off-shore drilling is remarkably safe considering its scope and importance to the nation. There are presently more than 4,000 active rigs employing an estimated 80,000 people on the U.S. outer continental shelf, with the large majority of those operating in the Gulf of Mexico. Salazar said Sunday on Fox News that more than 30,000 oil and natural gas wells have been drilled in the Gulf, and one-third of the oil and natural gas consumed by the United States is produced there. This means off-shore drilling is now and will remain for the foreseeable future a critically important national resource. The interior secretary also noted that the industry “has been conducted in a very safe manner. Blowouts occur but the safety mechanisms have been in place. Why this failed here is something we are investigating.” Amazingly, there have been only 41 deaths and 302 injuries in off-shore platform accidents since 2001, according to federal data. Bureau of Labor Statistics data compiled by the Daily Beast reveals that off-shore oil rig jobs aren’t among the 10 most dangerous jobs, while fishing, sanitation work, and farming are.
From an environmental perspective, off-shore oil drilling is far safer than Mother Nature. As the Wall Street Journal noted yesterday, oil that seeps naturally from the ocean floor puts 47 million gallons of crude into U.S. waters annually. Thus far, Deepwater Horizon has leaked about three million gallons. That sounds like a lot of oil, and it is. But the Exxon Valdez leaked 11 million gallons into Alaska’s Prince William Sound. Even those figures are dwarfed, according to the Economist, by the amount of oil spilled in man-made disasters elsewhere around the world. Saddam Hussein’s destruction of Kuwaiti oil facilities during the Gulf War dumped more than 500 million barrels of crude into the Arabian Gulf. The 1979 blowout of Mexico’s Ixtoc 1 well resulted in 3.3 million barrels being dumped into the Gulf of Mexico. In short, Deepwater Horizon is an environmental crisis, but not the apocalypse that alarmists claim.