Wednesday, May 5, 2010

Oil and the Gulf of Mexico

There is a nice graphic in the NY Times that tells you a lot of what you need to know, all in one simple picture.

Bottom line: that oil is needed to keep sending dollars to buy Middle East oil and fund terrorism. So everybody needs to hope that BP figures out how to cap that well quickly. And everybody needs to hope that this is a good wakeup call for the Obama administration to tighten regulations (without stopping oil exploitation) to ensure that this kind of disaster doesn't happen again.

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