Obama's Oil Speech Panned: Short On Details, Broader Climate Plan

You're missing the point -- No amount of royalties are worth the damage caused by accidents.



That law was to encourage drilling offshore, "Don't worry about accidents or cleaning it up".



Both Democrats & Republicans allowed the issuance of permits to drill offshore, in ecologically sensitive areas, to potentially destroy Americans' food supplies & our source of oxygen (80% of the earth's oxygen comes from the oceans).



While the government required, by law, oil companies to file & put into place disaster plans in the event of a catastrophic failure, they knew that the oil companies' plans were bogus. There's no way that the government (Congress & presidential administrations) didn't know that all of the oil companies falsified disaster plans.



There's no way to drilling offshore safely. Not in any depth of water.



Ixtoc in 1979 & Montara in 2009 (both blowouts that gushed for months) were in shallow water. Relief wells are no guarantee, carry with them the same risks. Five relief wells had to be drilled before Montara's gushing could be stopped.



Blow Out Preventers (BOPs) have a 50% failure rate. http://www.dailykos.com/story/2010/5/1/862288/-50-Failure-Rate-on-Off-Shore-Oil-Rig-Last-Resort-Device



ALL offshore drilling must stop, but Obama intends to continue offshore drilling, in both deep & shallow waters. Obama's 6-month moratorium & Commission is window-dressing, a phony show, an attempt to stall efforts to end the oil economy. The moratorium's end isn't dependent on any Commission report & the Commission has no time deadline.
About Gulf Oil Spill
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