Pages

Thursday, October 20, 2011

Smart

The good news for those who think that part of the answer to our employment and energy problems is to drill for oil in the Gulf of Mexico is that drilling will soon begin. The bad news is that it's the Cubans who'll be doing the drilling:
The government is doing what it can to ensure that the first full-scale oil exploration in Cuba's part of the Gulf of Mexico will not endanger Florida's pristine beaches that lie only miles away, the top drilling regulator told lawmakers on Tuesday.
The Obama administration frets that domestic oil companies might have another accident and damage the Gulf's ecosystem so they've delayed drilling permits causing oil companies to send many of their rigs elsewhere and eliminating job opportunities for thousands of Americans.

That leaves the Gulf open to other countries who wish to profit from it's abundant oil resources. Of course, they can have accidents, too, and, being run by communists, probably will, so we'll have all of the potential liabilities of oil drilling and none of the real benefits. Moreover, we'll still be buying a lot of our oil from the Middle East.

During the campaign we were repeatedly reminded that an Obama White House would be one characterized by "smart" policies, but it's hard to see anything smart about this.