Even more important, the technologies, regulations and enforcement programs have changed. Today, instruments monitor temperature and pressure in wells 24/7. Blowout preventers, pipeline shutoff valves and other devices on or beneath the sea floor control the flow of oil and gas. Offshore operators conduct regular accident training and safety exercises. The efforts have paid off.
In 2005, Hurricanes Katrina and Rita pounded the Gulf of Mexico’s 3,000 drilling rigs and production platforms. Over 200 were damaged or destroyed. But virtually no oil or gas escaped.
In fact, according to the US Minerals Management Service (where I used to work), oil companies produced nearly 12 billion barrels of oil from OCS leases between 1980 and 2007. Only 102,000 barrels were spilled: 3,780 barrels a year, on average. That’s a 99.999% safety record.
By contrast, natural seeps like the ones off California leak 620,000 barrels of oil per year into US waters. America’s oil industry has a pollution record 164 times better than Mother Nature’s!
And producing more US offshore oil has an added bonus. It means there is less seepage, and thus less oil in our oceans and on our beaches.
Our energy policies should recognize these facts.
America has been held hostage far too long by anti-oil ideologues and foreign “oiligarchs.”
Keeping our vast resources off limits won’t convince consumers to slash petroleum use. We will just import more, and be ever more indebted to foreign powers. (At $50 per barrel, imported oil costs the United States $235 billion per year; at $140 per barrel, we send $650 billion annually overseas.)
Oil prices are low at the moment, because world demand is down, due to the global recession. We could keep them down, by prolonging the recession – an unpalatable option. Or we can help keep prices at tolerable levels, by developing the domestic oil and gas that we have in abundance, but politicians, courts and greens for too long have told us we can’t touch.
We need the energy, jobs and revenues that offshore (and onshore) oil and gas development can provide. We can no longer afford to “just say no” to domestic petroleum, during the long transition to future energy technologies that we cannot begin to envision – any more than even Jules Verne could have foreseen the wondrous energy and other technologies that creative minds have made a reality today.
That’s the kind of change we can believe in. The kind America needs.
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