London, 20 March 2011

After the Deepwater Horizon spill in the Gulf of Mexico, someone said to me “We have to stop all offshore drilling.” My response was that I could get behind that idea, but I wanted to know what sacrifices the person was willing to make.

That turned out to be the end of the conversation, because usually the people campaigning against these sorts of things believe that the consequences will be all good (no more oil spills) with no real downside (like less energy available). I can tell you with absolute certainty that we can live with no offshore drilling, but I can also tell you that the price of your fuel would be greater — and probably far greater — than it is today ... Written by Robert Rapier

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