Oil Emergency
Dems are suggesting emergency inspections of all 'enviro-hazard' possibility oil rigs. And they want the oil company to pay for the inspection. A Senator from Louisiana wants 40% of oil revenue from the government to go to the gulf for clean up efforts.
The US needs to be very careful how it handles this. We all want the mess cleared up, and engineers on both the government and private industry side have been working since April 20th to solve this crisis, that said we must not use fear-legislation to void ourselves of oil production. Can you imagine the sheer cost of oil with a failing Euro and if private industry decided that 'working for the US was simply not worth it'. Do you believe China or Russia would offer the same regulation? How about waters off of Cuba?
This needs to be extremely well thought out, something Congress does not do well.
The US needs to be very careful how it handles this. We all want the mess cleared up, and engineers on both the government and private industry side have been working since April 20th to solve this crisis, that said we must not use fear-legislation to void ourselves of oil production. Can you imagine the sheer cost of oil with a failing Euro and if private industry decided that 'working for the US was simply not worth it'. Do you believe China or Russia would offer the same regulation? How about waters off of Cuba?
This needs to be extremely well thought out, something Congress does not do well.
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