H2Andy
Contributor
scubafool:When I drill a hole in a board, it is so I can put a piece of pipe through it and make money for doing so. However, the end result is that you have water to flush your toilet or take a shower.
that assumes i need the water to flush my toilet or take a shower.
if i have those covered, you're providing water for somebody else's needs, not mine.
now *IF* you putting more water into the system would make my water cheaper,
then yes, you're doing me a service.
but additional drilling will simply not make a significant impact on the price of oil.
the demand will continue to outstrip supply so lopsidedly that drilling off the US
coast is simply not going to make a difference at all. the only people who will benefit are those who can sell the oil at higher prices down the road.
if instead of doing that they would spend all that money finding an alternative
fuel that would be cheaper, then i would benefit, because my costs for fuel
would go down.
but that would deprive them of their profits, so they'll never do that until they have
no other choice. that is NOT a forward thinking strategy. in fact, it seems like
a recipe for disaster to me.