Quote:
Originally Posted by d-ray657
Whell, your clear implication was that a main problem with this situation is that regulations cause oil companies to drill farther off shore.
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Yes, "a" problem, but not the main problem. The problem is the distance and depth. Would BP be out that far absent the regulatory environment? If there's oil there that's economically feasible to obtain, then yes, they would likely be. However, the price of oil needs to rise to a pretty fair level to make such risk and expense attractive.
Quote:
Originally Posted by d-ray657
You further implied that this environmental accident will create the possibility of further regulation following congressional hearings.
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No i didn't. I said that the lack of BP's involvement in the "natural" release of methane cited in the previous thread wouldn't provide the spectacle for Dems of committee hearings, etc. that might otherwise be the case. I never said that "this" environmental accident would result in hearings.
Quote:
Originally Posted by d-ray657
You were not specific, however, about what regulations you found intrusive, leaving you open to a general response to the theory underlying your implied argument.
Regards,
D-Ray
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Gee, Don. I'll try to be better in the future.
