Thursday, April 29, 2010

Drill, Baby, Drill

Must take the costs into consideration, and I'm not even sure who is paying here.

NEW ORLEANS — Government officials said late Wednesday night that oil might be leaking from a well in the Gulf of Mexico at a rate five times that suggested by initial estimates.

In a hastily called news conference, Rear Adm. Mary E. Landry of the Coast Guard said a scientist from the National Oceanic and Atmospheric Administration had concluded that oil is leaking at the rate of 5,000 barrels a day, not 1,000 as had been estimated. While emphasizing that the estimates are rough given that the leak is at 5,000 feet below the surface, Admiral Landry said the new estimate came from observations made in flights over the slick, studying the trajectory of the spill and other variables.

Lawmakers reconsidering:

Sen. Mike Haridopolos, the Senate's incoming Senate president who along with incoming House Speaker Rep. Dean Cannon had expected to push for oil exploration when they take office next year, said he is having second thoughts in the wake of the spill off the Louisiana Coast.