Hurricane
Katrina and a second look at off shore oil drillingby Joseph A. Lypowy 9/505 We all know what a tragedy
Hurricane Katrina has been to the Gulf Coast states. One observation
I’ve made was that amid all the destruction, there was no environmental
impact from the offshore oil rigs on the Gulf Coast. Another observation
I made was that the five states that boarder the Gulf of Mexico;
Florida; Mississippi; Alabama; Louisiana and Texas, all have beach
resort communities and all seem to coexist with offshore oil drilling
without any negative impact. The recent events in the South have brought
attention to the fact that one third of our nations oil is produced by
gulf oil drilling and the recent spike in gasoline prices has proven the
need for additional domestic oil production. |