Part of the government’s temporary patch to the gulf oil situation is a moratorium on further offshore drilling. The obvious thought is that it’s a good idea, to protect against doing further ecological damage to the gulf. After all, experts are already conjecturing that initial estimates of the oil were only half that really leaked into the gulf. But as time goes on, other factors come to play which revives the age old question on what truly drives the world – politics or economics? If the moratorium continues, it’s not just oil companies that face consequences. BP isn’t the only company in those waters and rather than continuing to lose money, many of the rigs are already leaving the gulf. As the rigs withdraw, naturally, so does the support dollars that employ shore businesses. All of which begs the question, do our economic needs for employment, supply purchasing and oil demand outweigh the need for a moratorium?
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