1.14.2011

Gem of the day

Breaking news from the world of big oil--and warning, it's not pretty--makes me want to say, really? The head of our favorite D.C. lobbying arm, the American Petroleum Institute, came out with this whopper yesterday:

"It is difficult to quantify how much increased production would affect imports, but if companies had access to all US areas now off limits, a substantial increase in domestic production would be possible."

That's right, Jack Gerard thinks oil companies should be able to drill anywhere in the US. This is obviously awkward timing, coming on the heels of the official National Commission report investigating Deepwater Horizon which recommended increased regulation on offshore drilling--with good reason.

I love the logic Gerard uses to explain API's indignation towards further regulation:

"This does a great disservice to the thousands of men and women who work in the industry and have the highest personal and professional commitment to safety."

Right, Gerard--because clearly having a 'personal and professional commitment' to avoiding ecological disasters is enough. If API gets their way, it will be.

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