FredT:
Nill
In the GOM oil is food for the bottom of the chain. As a minor counterpoint there are roughly 10000 barrels (440000 gallons) of oil gong into the GOM from natural seeps every day. The ecosystem is very well adapted to exploit it as food. Even the Ixtoc spill was devoued inside of 2 years.
The worst part of this is the 125 mile buffer. That makes for a minimum 250 mile round trip for each dive day.
LOL You must have seen the TV interview I did in Panama City after the DoI hearings. The off camera expression on the reporters face was priceless when I mentioned one of the reasons I was supporting a 50 mile offshore drilling boundary was to conserve energy. She gave me this confused puppy dog look and asked how that would conserve energy, so I told her the dive and fishing boats wouldnt have to travel nearly as far or as fast to get to the prime diving and fishing sites. I still dont think she understood what I was talking about or what the hearings were about in general.
Just as famines are not natural phenomena but political designs, weve had the major piece of our energy solution for 55 years as of yesterday, but in 1977 it was made politically off limits in the US while many other nations are using it. President Eisenhower built his long range energy strategy on FBRs (Fast Breeder Reactors) but before we could get it implemented and the engineering (not scientific) bugs worked out political fear mongering and myth killed the second best hope for a global clean energy solution with the hope for true cold fusion being the ultimate goal. Photovoltaic, wind, wave energy, geothermal, and dozens of other alternative energy solutions may have applications in specific geographic areas and would be great for peak load generation, but only a sound integrated nuclear solution will meet the demands of modern man.
Cleaner portable energy storage solutions such as hydrogen and new battery technologies will never get a major developmental push until we find the source to keep them charged, and that is going to ultimately be a nuclear source that is clean without large nuclear waste disposal requirements, without weapons grade transitional products, and in strategic locations to feed the energy grid system. This year with little public notice (other than President Bush mentioning it in his State of the Union address) the US signed an agreement with France and Japan to develop a more efficient, safer, and cleaner FBR that will also be able to recycle the tons of spent fuel rods around the world while preventing them from being used to extract Plutonium-239. Unfortunately I fear the science and engineering will be available long before the public realizes how mislead theyve been by emotional and political myths.
While Im on a roll, lets look forward 20 years to a potential economic and political problem caused by a sound scientific energy solution. Prior to 1977, hydrocarbon energy markets were somewhat kept in balance by the smaller producers being able to keep the larger producers honest. That changed when regulatory hurdles became so great that most small producers (both drillers and refiners) no longer had the economies of scale to compete and either closed or were absorbed by the large firms that could afford to deal with the governmental requirements. The problem Ive heard bounced around some think tanks is how do we keep the barriers to entry into the nuclear power production industry low enough to prevent a future near monopoly like we created in the oil industry while maintain the high levels of safety and security of facilities needed. One portion of that was addressed this year in the Presidents Energy Act that would protect power plant (and refinery) investors from undue risk due to changing federal regulations, but even that doesnt have all the bugs worked out. Once we provide the right balance of oversight while encouraging healthy competition we will finally see President Eisenhowers dream of total energy independence and a much cleaner environment without lower our standard of living. If anyone has the solution I will forward it to my think tank contacts.