There’s a lot of concern about the environmental effects of drilling for oil off the US coast, but I don’t buy it. Yes, I know it won’t produce any meaningful amount of oil, ever, and no oil at all for years. But that’s a technicality. Politically it’s a compelling idea and even though it won’t do any good, what’s the harm? Drilling for oil in coastal marine environments is perfectly safe. Experts from the oil and gas industry have said this is true and who would know better?
In fact, who has more experience with oil on the high seas? These guys have been shipping oil on the world’s oceans for decades and nothing ever happens. Well, practically nothing, if you consider how many nautical miles their tankers have traversed. I figure that per mile, the spill rate must be very, very low. That’s probably why astute politicians everywhere have such confidence in the oil companies. Even in Australia: