The Costs of “Drill Baby, Drill?”

At the risk of exploiting a human and environmental disaster to make a political point, I don’t think it’s unreasonable to factor in costs like the Gulf of Mexico oil slick when touting the economic benefits of drilling offshore. Granted, British Petroleum is on the hook for the cleanup efforts, but there’s a lot of negative impact going on with this even that money just can’t fix. The first tragedy is the loss of life of the 11 rig workers presumed dead, and the impact on their families. This is followed by the slow -motion disaster currently unfolding:

If the well cannot be closed, almost 100,000 barrels of oil, or 4.2 million gallons, could spill into the Gulf before crews can drill a relief well to alleviate the pressure. By comparison, the Exxon Valdez, the worst oil spill in U.S. history, leaked 11 million gallons into Alaska’s Prince William Sound in 1989.

AP:

This isn’t a sandy beach we’re talking about. If oil gets into the gulf wetlands, cleanup may become impossible, and there will likely be awful, long-term effects on the wildlife.

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Published in: on April 29, 2010 at 10:29 pm  Leave a Comment  
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