We all have seen the ongoing devastation of the Gulf Coast brought about by BP’s spill; and as a consequence, President Obama had empaneled a group of scientists who recommended a moratorium on drilling - all though not the six months the President implemented.
This arbitrary six months moratorium was challenged in the courts by many of the Gulf States, because closure of the drilling rigs meant many jobs being lost. You would think that with close to double digits unemployment, that President Obama would stay away from adding to the misery index, but he is apparently beholden to the radical environmentalists who want no form of drilling. I am of the opinion that such a moratorium is tantamount to an “Unfunded Mandate” for the Gulf States who have to pick up the slack for all those employees who lost their oil related jobs.
The Obama administration has threatened that it will appeal the judge’s decision and will write its brief to support re-instatement of the drilling moratorium. Of course, no such resolve on how to provide jobs for the thousands who will lose their jobs. I wonder how many of our Senators and Congressmen own oil related equities, yet opine about the dangers of drilling.
I have said before that in the past and sometime in the future, we will have airline crashes, yet, we will continue to fly the friendly skies. There are thousands of rigs in the Gulf area; and their average of operating without tragedies is stellar. Did the then Soviet Union abandon its use of nuclear energy after Chernobyl? Would the Brazilians abandon drilling if something, God forbid, similar were to happen in its waters?
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الثلاثاء، 22 يونيو 2010
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