Monday, April 26, 2010

Drill, Baby, Drill

It is inevitable that some of these events will happen. That isn't an argument against all drilling, but it is important to consider the potential costs appropriately.

NEW ORLEANS — Coast Guard officials said Monday afternoon that the oil spill near Louisiana was now covering more than 1,800 square miles of the Gulf of Mexico, and they have been unable to engage a mechanism that could shut off the well thousands of feet below the ocean’s surface.