Wednesday, January 12, 2011

It's all about cash

Big Oil sings the same old song
Big Oil continues to lust after huge profits at the expense of the health and welfare of the American people. This reckless money chase occurs even though the production, combustion, and reliance on oil pollutes the water and air, and forces the United States to rely on oil from some unfriendly regimes.


Case in point: The leader of the American Petroleum Institute rashly advocated a speedy return to expanded offshore oil drilling last week even though the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling (also known as the commission) yesterday issued its recommendations for additional safeguards for future offshore oil production.


Oil prices are steadily climbing toward $100 per barrel and Big Oil’s congressional allies are poised to use this price spike to reanimate the “drill, baby, drill” war cry to justify expanded drilling off our nation’s coasts without implementing safety measures to reduce prospects for another oil disaster.
AEnvironment? safety? Public health? Yeah those are nice to have but first things first - cash in the pockets of the CEOs, stockholders, lobbyists and politicos.

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