re: #322 windsagio

The supply won’t go away, and as we’ve agreed, they shouldn’t be doing deep drilling in our territories until they can deal better with accidents anyways.

We didn’t agree. That was my initial position, but I have since modified it after serious consideration.

I do expect to see regulations that rule out that sort of accident and that sort of well design. This should be immediate.

I also want to see better recovery technology and better BOP technology developed, and deployed when ready.

But there is no need for a moratorium. Just a check to verify that no wells being drilled now follow the procedures and design that led to the preventable blowout.

The six month moratorium is a death blow to the drilling industry in the Gulf. It is overkill and the impact on those states economies will be much larger and much longer in duration than the (likely) effect of the spill. I say likely with the assumption that they can kill it in two months. The knock-on effect on the US economy will dwarf the spill and the drilling ban. We all sink with that boat.