Tuesday, April 27, 2010

Drill Baby Drill

Where are all the Drill Baby Drill folks now? Could it be the developing oil slick off the coast of Louisiana is keeping their tongues muted? I'm all for domestic oil production but accidents happen and we need to have the technology developed to deal with any contingency. It seems that the oil companies did not foresee this kind of a disaster or they would have had procedures in place to cap a well accident of this magnitude. Don't they have risk managers whose sole job it is to figure out all the different scenarios for accidents and have a plan how to fix the problem? I wonder if this will be the Exxon Valdez of the Gulf of Mexico.

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