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Thursday, April 29, 2010

Oil-Slick Obama

President Obama has been pushing for more offshore drilling- rather than emphasizing dematerialization. The BP offshore oil rig explosion has enormous implications to both humans and nature. The oil spill can be greater than that of Exxon Valdez. BP and others have been getting away with "accidents" far too easily.

FT.com / Companies / Oil & Gas - Obama steps up fight to contain oil spill: "The Obama administration yesterday stepped up its response to the BP oil spill in the Gulf of Mexico, designating it an event “of national significance” as rescue workers struggled to stop the oil from washing ashore on the Louisiana coast today. The move will free up money and resources from around the country to fight the slick caused by last week’s explosion on the Deepwater Horizon drilling rig, which appears to be leaking five times as much oil as was previously feared. Louisiana declared a state of emergency as the slick neared the coast, threatening wildlife and fishing grounds. The US military might be deployed to help contain the leak. “While BP is ultimately responsible for funding the cost of response and clean-up operations, my administration will continue to use every single available resource at our disposal, including potentially the Department of Defense, to address the incident,” President Barack Obama said yesterday. The spill has complicated Mr Obama’s plan to lift some restrictions on US domestic offshore drilling for oil, a concession he made to try to win Republican support for a long-awaited climate change bill.

Louisiana declared a state of emergency as the slick neared the coast, threatening wildlife and fishing grounds. The US military might be deployed to help contain the leak..."

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