Saturday, June 19, 2010

Moratorium on Deep water oil drilling

The knee jerk reaction to the Oil leak in the Gulf of Mexico was another ban on offshore deep water oil drilling. How does this help stops the leak begs the question. Tens of thousands of people are associated with their livelihood with Oil and if the moratorium last more than six months, then the jobs of these Oil people and the assortments related to it will be gone.

I believe that the Moratorium was the wrong decision since it will not have an impact on how the oil leak will be plugged and besides when we started banning things which are harmful to the environment and safety of humans. Do we ban cars or airplanes when they have accidents? They are the biggest polluters, but still they are plying our roads and air space. And we have to think about the people associated with the oil industry, how they will be able to cope with supporting their families during the moratorium. The aid that BP is offering will not be enough since it is not only the Oil people but also related and support industries like restaurants, tourists attractions, beaches and the like who are affected. So I assume that the welfare of all the affected parties were taken into consideration before this moratorium was imposed or maybe not.

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