misterman
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The long term benefits of allowing off shore drilling both for our economy and our security far outweigh the negatives from what is essentially a rather isolated occurance.
First of all, the long-term costs of this spill could be enormous. Dont' underestimate them,. It could destroy 1/3rd of our nation's fishing industry for several decades, and majorly hurt tourism, shipping, and even make flooding worse (by destroying wetlands). It remains to be seen though.
Second, the long-term benefits of offshore drilling are tiny. The amount of oil available simply isn't enough to make a dent in prices. Our demand dwarfs it. We consume 26% of annual world production of oil, but we have 3% of reserves. Even if we find alot more, it's still a tiny part of world reserves.
Ultimately I can't really blame or be surprised by Arnold though. He's being a politician and simply playing off that fact of human nature.
My respect for Arnold has grown over the years. When he sees he is wrong, he changes his mind instead of being stubborn and ideological about things.
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