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Oil Oil everywhere!

So what does one make of the largest man made disaster in the petroleum business on US shores? Yes - the one and only British export that has hit the US waters and now soil (the beach kind).

First - I think that when attempting something treacherous, there are inherent risks associated with the endeavor. It is after all a risk - reward game and this time the risks have come to haunt. Humans naturally prone to enjoying the harvest when times are good will become complacent (many examples including the mortgage funded financial meltdown notwithstanding) and will eventually face the piper.

Second - Now that there has been a catastrophe comes the denial and eventual acceptance of the gravity (or in this case buoyancy) of the situation. It is grave (for the many wildlife literally that habit the ecosystems in the gulf) and likely to get worse for a period of time before the human ingenuity again kicks in and attempts to best mitigate the hazards.

Third - Action in the form of all the human effort and engineering; including financial and legislative change to respectively curtail the damange and to thwart future incidents is apparent. It is good fodder for the NEWS hungry media outlets as always that want to play the sympathy angle; the big oil/corporation vs. lowly fisherman human interest story; the White House is in trouble story depending on who is shouting the loudest.

All said and done this too shall pass. Exxon did, Chernobyl did, Union Carbide in Bhopal, India did. What happens in point in time is a case study of WHAT NOT TO DO and if done, HOW BEST TO HANDLE THE RESPONSE.

Thankfully its the British made this time and not a Chinese or Middle Eastern outfit that was pumping it out of the soil or else?

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