April 7th, 2010 1 Comments
As some may be aware, BP (British Petroleum) made a pretty big oil discovery in the Gulf of Mexico. Well, it’s not totally owned by BP, ExxonMobil owns their 25 percent. The estimated production is around 300,000 barrels of oil and 200 million cubic feet of gas PER DAY. I’m not a geologist or a British oil giant, but what happens as these oil and gas pockets are removed and the Earth adjusts because it doesn’t have the support of a couple million barrels of oil or a few billion cubit feet of gas to support it?
This find was reported as being on of the biggest finds in North America and has significantly helped a struggling U.S. oil economy, but at what cost. If a resulting tsunami struck our region would anyone believe that it wasn’t just an act of nature? The least they could do is dedicate a share of the profits to our ever-changing city streets.