Vivek Narain on Life

The musings of a man preparing for a mission

Posts Tagged ‘congress’

Bush lifts executive ban on offshore drilling, assumes America hates the ocean

Posted by viveknarain on July 16, 2008

Yesterday, President George Bush lifted the executive ban on offshore drilling, a decision that is less about oil output and more about politics. Bush said, “The only thing standing between the American people and these vast oil resources is action from the U.S. Congress,” which coincidently is composed of a Democratic majority.

The executive order Bush decided to remove is the same ban that his father enforced to ensure the growth and preservation of American coastal waters and tourist economies. The present day Bush is looking for relief from high gas prices, but drilling in ocean waters wouldn’t bring us what we need. Even White House officials have said, “There is no quick fix,” in regards to the gas situation. This begs the question, whose interests are being served by Bush’s latest environment murdering decision?

So what happens if congress agrees with Bush and the ban is removed? It might knock off a few bucks from the price of gas barrels, but at what expense? We all saw the precedence that the Valdez case set. We saw how tax-abiding citizens lost their livelihoods because of the damage caused by an oil spill off the Alaskan coast, only to be awarded $55,000. Now is your livelihood worth more than $55,000 (the payout victims received) after 19 years? It better be, or you’re getting royally screwed (by that oil drill of course). You can bet oil drilling off of our coastline will do a lot more damage than the Valdez spill.

If oil prices go down, it won’t be due to offshore drilling, but because of key market factors like a strengthening dollar and a reformed American financial system. Combine this with continued development of alternative energy sources (Tesla and Chevy Volt!) and we end up with an unnecessary and disgusting permanent decoration gracing American coasts like a puss-filled zit exploding during a high school senior portrait.

When was the last time you heard about anyone drilling out of a problem? That sounds like Shredder from the Ninja Turtles… and we all know the outcome of that.

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