Gulf Oil Spill: BP's Poor Record So Far Dulls Hope For Future

Oil companies drill in deep water because that's where the oil is. It's got nothing to do with aesthetics.



We're in Peak Oil -- All the oil that's easy to get at has been harvested. Now what's left is the real hard to get at, dangerous to try locations.



And Ixtoc in 1979 and Montara in 2009, that gushed for months, were both shallow depth.



The oil companies don't have the ability to prevent or stop oil gushing -- Relief wells aren't guaranteed to work. They had to drill 5 relief wells before they were able to stop Montara.
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