Oh yeah, there will be some new rules in the Gulf of Mexico
Tuesday, May 11, 2010 at 12:05AM 
Realize I'm behind the curve on this one in terms of latest developments (last week saw me focused on setting up this new site), but I like the map and the WSJ illustration so much that I felt the need to capture.
Plus, whenever there's a crisis like this, I usually clip anything until somebody mentions new rules or regs, which will most definitely result.
If the Times Square bomber was great timing for Obama on Iran and Af-Pak (not to mention the fact that the attack was prevented by those always wily New Yorkers), then the timing here is an absolute bad, given Obama's recent commitment to drilling offshore. With predictions being that the eventual accumulated spill will overtake Valdez '89, the accident definitely perturbs the system all right.
But no, I don't see a moratorium on drilling in the Gulf. Mississippi's governor Haley Barbour was quickly trying to kill that notion, as were the smarter Gulf coast senators (Sessions from AL was particularly goofy in this manner, declaring on TV that the US should bankrupt BP if that's what it takes). The region's just too important to our domestic production.
So we wait and see about those new rules . . ..
Reader Comments (1)
"Proposal to Split Agency that Monitors Oil Drilling" NYT
No need to wait anymore. The new rules are on the way...