Quote:
Originally Posted by Kodak
Perhaps this is an oversimplified conclusion to draw, but doesn't the simple fact that importing oil - rather than using our own resources - imply more of an environmental impact? That is, more energy is used to extract oil from the earth and then ship it overseas to the States, then it would be to drill here in the first place.
Perhaps an 'out of sight, out of mind' scenario?
Plus, the likelihood of regulations making drilling harder to do here.
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Not at all. Regulations mean nothing if the enforcement of said regulations is not done. The "out of sight, out of mind" scenario belongs to the EPA and other government agencies that have been compromised by those that have money and influence. The Gulf Spill that happened recently showed that if you have enough pull, you can get away with almost anything.
When you are playing with billions of dollars, there isn't room for error and they know what they are doing.