The risks and rewards of offshore drilling
Steve Hargreaves
Sr. Writer, CNN Money.com
[cnn-photo-caption image=http://i2.cdn.turner.com/money/2010/05/04/news/economy/oil_drilling/offshore_drilling.gi.top.jpg caption="The spilled oil lapping at Gulf Coast beaches and wetlands is one tragic result of offshore drilling" width=300 height=169]
The spilled oil lapping at Gulf Coast beaches and wetlands is one tragic result of offshore drilling.
As the administration's plans to expand drilling proceed, what do we get in exchange for putting more of our coastal environment, and the fishing and tourism economies that depend on it, at risk?
First, what we won't get:
It won't make the United States energy independent: We simply use too much oil.
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Filed under: Gulf Oil Spill |
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Has anybody asked, why companies like Exxon Mobil aren't jumping in to help out in this disaster? It seems to me their reputations are on the line as well.