Oil Spills a NECESSARY RISK

As an oil explorer of 45 years experience, I look at the BP and Exxon oil spills as unavoidable  to an industrialized society. Oil,and Coal are absolutely essential to our economy and our personal well being.The problem is with the hysteria and naive solutions being recommend. Rachel Carson embarked on a similar path with her book “silent Spring” which succeeded in eliminating DDT from our environment. The unintended consequence was the death by starvation of perhaps millions of children in the third world as insects devoured their crops. Every major change in the world has unintended consequences. The fall- out from the BP oil spill will undoubtedly lead to less drilling and production of oil and gas in the US. The unintended consequence will be vastly greater importation of Arab oil. This will keep our balance of trade negative and we will all suffer at the gas pump and the general economy will suffer severely. Don’t think that alternative energy can quickly step in and save the day because if it could have made a difference it would have done so long ago. Most of the alternative energy either requires oil and gas for it’s manufacture (hydrogen, bio-fuels, etc.), has no infrastructure to distribute the energy to the cities (solar, wind, geothermal) or has serious environmental problems of it’s own (nuclear). In short, we are trapped by urban sprawl which requires oil to transport us to work, we don’t have a rail system thanks to President Kennedy’s political debt paying to the teamster union which spelled the end of significant rail and made us dependent upon the car and truck. In a nutshell, we have to move forward with our techno-industrial society. We need to learn and improve after a disaster but massive punitive response will always lead to serious unintended consequences

Can anyone doubt that the environmental damage of both the Santa Barbara and Exxon Valdez were monstrously over stated by hysterical environmentalists? There were no mass fish or bird kill and the numbers of cleaned up birds was tiny compared to what exists in the wild. The estimates are wildly inflated in most articles to inflame public opinion. Our legal system functioned as it should have and damages were paid for claims of loss. This will happen again. Lawyers are streaming into New Orleans in hopes of finding work on claims against BP. We do not need hysterical claims of environmental disaster until it has happened. I predict that the final effect will be 10% of what is being said now. After all, this is not the first wild well in the Gulf and natural oil seeps have always been spewing oil and gas into the water. It is time to sit back and watch unless you are one of those on the front lines. Bobby Jindal and Billy Nungesser strike me as quite competent in their efforts and the dredged sand island may become a reality thanks to their efforts.

A major impediment to domestic production is just around the corner. Oddly, this will increase chances of the next big oil spill. Imported oil comes to us by way of Supertanker. The likelihood of an accident will increase as our imports incrfease. Terrorism is also a threat to the tankers.