Cooperate with Oil Companies in Deep Water Drilling

E-Mail to Congress:

EIN News says, "Obama to Extend Ban on Drilling New Deepwater Oil Wells. President Obama on Thursday will announce a six-month ban on drilling new deepwater oil wells, the White House said, and cancel plans for exploratory drilling and new lease sales off the coast of Alaska, as well as a proposed lease sale off the Virginia coast. (washingtonpost.com)".

Another ridiculous control imposed on the US economy by a socialistic Federal Administration!

The fact is that BP has discovered a tremendous supply of oil in the form of the gusher, which is operable under the pressure of 5000 feet of water. We should be drilling deepwater oil wells, because we have now proven that that's where the oil is.

I have been listening this morning to the President's Press Conference. A large number of questions from the press involved the oil well leakage in the Gulf. It was clear from the nature of most of the Press questions, that the group was composed of obsessively wild environmentalists. Even if these people lived in log cabins and cut their own firewood, they would be tempted to freeze to death so that they would not be destroying trees. I am what I call a reasonable environmentalist, with a position as Director of Environmental Compliance for University. My experience has clearly developed the perspective that one must always look at environmentalism from a total perspective, including needs of mankind. This does not exclude the need for energy.

I agree with the President's statement that we should be looking down the road to other renewable sources of energy and technology not yet discovered, with present use of oil and other fossil fuels as stopgap measures. However that takes time. If we deprive ourselves of fossil fuel energy in the short-term, the collapse of our economy will obviate the necessity for sources of renewable energy.

Bottom line. Allow oil drilling companies to keep drilling in the deep water, because that's where the oil is, and we need it. Allow these exploratory drilling companies as much leeway as possible, by helping them to obtain the best technical expertise available. Allow them to take the risk of accidents with no government bailout and to pay corporate-wise and personally for errors and accidents. Allow them significant profits for taking these risks, when they are successful. This will, all be to the advantage of the general public and it would be ridiculous to follow up with later talk of excess profits tax.