Re: A few brief notes James
Posted by
Gianmarc on 6/13/2010, 12:06 pm
Jack, the moratorium on offshore drilling is little more than an overblown bone tossed to the masses to feed on for a while. See this paragraph from the story on the oil spill that ran in Rolling Stone this week:
[quote] the "moratorium" on drilling announced by the president does little to prevent future disasters. The ban halts exploratory drilling at only 33 deepwater operations, shutting down less than one percent of the total wells in the Gulf. Interior Secretary Ken Salazar, the Cabinet-level official appointed by Obama to rein in the oil industry, boasts that "the moratorium is not a moratorium that will affect production" - which continues at 5,106 wells in the Gulf, including 591 in deep water. [quote] |
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Gianmarc,
6/12/2010, 12:19 pm Post A Reply
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