SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (399631)7/17/2008 8:34:53 PM
From: Brumar89  Respond to of 1578494
 
The risk of big oil spills is much greater from tankers coming in to deliver oil than from offshore production:

But the technology of containing spills and vigor of regulation have come a long way since Santa Barbara. No serious spill has marred the harvesting of four billion barrels from 12,000 drilling rigs in American waters since 1970. Statistically, tankers bearing imported oil now pose a much greater environmental danger.

Since then the risks have shrunk further. A 2003 report from the National Research Council noted that only 1 percent of oil that entered U.S. waters during the 1990s came from extraction operations (like the offshore platforms in the Gulf of Mexico). Even if you combined that amount with the oil spilled by tankers, it amounted to only 3 percent of the total — and only 1/20th as much oil as entered the water through natural seepage from the ocean floor.
....

''The risks of an accident from a tanker carrying in either foreign crude or refined petroleum are many, many times greater than the risk of an oil spill from an offshore exploration or production platform.''

Message 24768149