Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (825)	7/22/2008 4:49:18 PM
From: Brumar89	Read Replies (3) \| Respond to of 86356

No, just think about it. How could anyone possibly do an environmental impact statement on a lease they don't know they will win? Heck, they don't even know if they'll end up drilling it. I believe that those are done before the lease is granted. Regardless it's interesting that you think environmentalists are not rationally concerned about the environment, and that they "just don't like" some things. Consider that shipping oil in by tanker is a bigger spill risk than offshore drilling. Rational environmentalists ought to be FOR offshore drilling if it will mean less tankers coming into our waters. So it is reasonable to think environmentalists "just don't like" offshore platforms, I think, and that dislike overrides a rational balancing of relative risks. Note: The risk of a bunch of an individual spill is greater for offshore drilling than for tanker deliveries, but offshore spills are mostly small and of little consequence. A tanker spill, even though they don't happen often is pretty much guaranteed to be a whopper and do vast environmental damage.