One manifestation of how we are now chasing the dregs of the world’s oil is the increasingly dangerous and expensive places and ways we are going after the stuff. The latest explosion on a Gulf Coast oil rig is a demonstration of some of the dangers.
Meanwhile, we should be expecting more leaks and spills, including in places where help is a long way off. For improved understanding of part of what that involves, there is a series from Deep Sea News that may be worth a look:
- How effective are dispersants on real oil spills?
- How toxic are dispersants?
- Do dispersants really promote degradation of oil?
Oil dependence is all about transportation – the fuels used for electricity and industry are largely oil and gas. As such, the medium- to long-term solution to all the problems associated with offshore drilling is to reduce the global demand for oil with some combination of investments in alternative forms of transport, pricing to reduce consumption, and complementary policies.