(quite edited)
Why do we drill in the ultra-deep of the ocean? Environmentalists.
Since it is so much easier, cheaper, and safer, oil companies would much rather drill on land or shallow water. But over the years, environmentalists have succeeded in pushing drilling off land and away from our coastlines.
There are many small pumping units off the side of the road all over the Texas and Oklahoma oilfields, but the pumps are hardly noticeable. If BP had a drilling accident in the Artic National Wildlife Refuge (which has had a 30-year ban on drilling), it would have been on barren land and affected almost no one. But now, we have the biggest environmental disaster in our history.
The people who would like to blame a lack of regulation never stop to consider that part of the blame lies with pushing rigs so far out.
This is a prime example of the law of unintended consequences.
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