Threads from Henry's Web

Tag: offshore oil drilling

  • Robert Reich on Offshore Exploration

    One of my disappointments in John McCain is the amount of pandering he has done to various people. I regard his vacation from gas taxes as simple pandering. It solves no problems. It potentially creates many more. The only reason to favor it is that some people who don’t think beyond the next paycheck.

    Now before someone accuses me of elitism, I should note that I have been hit badly by the high gas prices. They hurt. But sometime, I expect within my lifetime, we’re going to have to bite the bullet, change the way we use energy, reconstruct some of our infrastructure (public transportation), and use less energy. I’m not one of those who think we will have to give up huge chunks of lifestyle to do this. I think there’s a very good chance technology will allow us to do very well whilst using much less energy. But there will be a cost. Developing, and more importantly implementing new technology will cost money.

    Which leads me to the actual topic. I think McCain is pandering on offshore drilling. It’s the wrong way to solve our problems. I would say it’s a short term solution, but it’s really a solution that will take a long time to provide a short term result.

    Robert Reich has a post today on this that says it succinctly, titled No To Further Offshore Drilling. When Reich was labor secretary in the Clinton administration I didn’t think much of his opinions, but I have now become a regular reader of his blog. He has been providing very wise advice on things like infrastructure spending, and now on oil drilling.

    It’s worth reading and considering.