There is no form of employment the petroleum industry can offer that is actually worth the environmental risk.
When are the leaders to this industry going to get it through their heads that their industry has destroyed an entire coastline economy, killed citizens and still has an unstable set of circumstances in the Gulf of Mexico that is imperiling the entire global ocean circulation and food sources of an entire planet.
WASHINGTON — Describing the massive oil spill in the Gulf of Mexico (click title to entry -thank you) as a wake-up call, President Barack Obama on Thursday banned new drilling in deep coastal waters and ordered floating rigs to stop work on some 30 exploratory wells.
He also blocked planned drilling in Arctic waters this summer and canceled long-planned sales of leases in the western Gulf of Mexico and a tract 50 miles off Virginia's coast. At the same time, Obama lifted a ban on new drilling in shallow waters, where generally less than 500 feet separate the seabed and surface.
“I continue to believe that domestic oil production is important, but I also believe that we can't do this stuff if we don't have confidence that we can prevent crises like this from happening again,” the president said during a White House news conference. “It's going to take some time for the experts to make those determinations.”
We don't want what they are selling and whining about ANYMORE.
There are families and communities that have their economies completely destroyed and somehow the pathetic jobs they offer to the citizens of the USA are suppose to outweigh the damage their industry is causing and has caused.
Not very smart are they?
Drill suspension sparks economy fears
By Ed Crooks in LondonPublished: May 28 2010 02:30 | Last updated: May 28 2010 02:30
President Obama’s decision to suspend all offshore oil and gas drilling, even for wells that are already under way, would create a “moratorium on economic growth and job creation”, the industry association warned on Thursday.
The waters of the Gulf of Mexico and the Arctic are the most promising regions in the US for oil development. They are the focus both for companies hoping to grow in a country that is much more welcoming to private sector investment than most oil-rich nations, and for American hopes of raising domestic production to curb dependence on foreign imports.
I suppose stocks will go down.
Should have thought about that before. The petroleum industry is grossly negligent in their practices and offer nothing to the world in the way of a 'valuable product.' Why would any rational government want to continue in this manner? The Petroleum Industry is incapable of 'sound science' and completely incapable of 'self regulation' and 'decent values.'
We simply just don't want it anymore.
There is not a company on Earth that has not been guilty of grossly endangering human life and well being including the masacres in Nigeria, the cancer deaths in Ecuador and the chronic issues of oil spills.
The Petroleum industry has never been self regulating, has woven the NEED for hydrocarbons intricately into the lives of the people of this planet and it is time to end it.
RUTHLESS is only the beginning of the names of this industry.
WHAT PART DON'T YOU GET ???
