BP’s oil spill is not just an environmental disaster. It is also proving to be a calamity for other drillers.
The implication for American energy policy will be far-reaching: BP will be to off-shore development what Three Mile Island has been to nuclear production. Just as more off-shore drilling was given the green light, the process has been stopped in its tracks by a “temporary” federal ban.
True, drilling for natural gas can take place in shallow waters. That territory is much easier to navigate than the deep waters where both oil and natural gas are found and where the BP accident occurred. But that’s cold comfort to natural gas explorers that will also be tarred with this spill.
As for BP, it has a long road ahead of it. For all its blather about being the greenest of all oil companies, in the end it will remembered as the conglomerate that caused the worst oil spill ever in the United States. To “fix” the matter, it needs to maintain open and accurate communications with all stakeholders. It also needs to pay for the whole mess and to waive its legal right to limited liability.
To that end, it has owned up. But its major mistakes have been to try and drill this deepwater well on the cheap and then to try and minimize the “blowout” by saying that it would not spread. BP is discovering what a lot of companies have learned the hard way: better to avoid the problems up front than to gamble and pay a huge price later on.
The trouble, though, extends beyond BP. It’s now a crisis for the entire off-drilling industry whose future prospects have been severely damaged. ###
http://www.npr.org/templates/story/story.php?story...
That was a well-written Op-Ed piece. However, you are missing the clear and obvious alternative choice for America's transportation needs...natural gas! Clean burning, domestically produced natural gas is a viable fuel option for much (not all) of our surface transportation needs. Methane (C-H4) in the form of LNG (liquefied natural gas) is a viable fuel solution for over-the-road trucking and other large fleet applications. Methane a in the form of CNG (compressed natural gas) is a viable motor fuel for passenger automobiles and more "localized" fleet applications (i.e. FedEx or UPS delivery trucks, etc).
I lived in Brazil where there are nearly two million motor vehicles presently operating on natural gas, compared to the paltry 140,000 here in the USA. Meanwhile, our great nation is blessed with an abundance of natural gas and an unmatched natural gas pipeline, storage, and distribution infrastructure. Yet, Rex Tillerson (CEO of Exxon-Mobil) has been quite vocal about natural gas not being a viable fuel solution for our nation's surface transportation needs. Why would he make such a stand? Perhaps it is because he is trying to protect Exxon's multi-billion dollar refinery investments which would be rendered redundant by a significant transition to natural gas by the automotive and trucking industries. Tillerson's mindset, which I dare say is representative of "Big Oil" as a whole, is 100% counter to our national interests.
Ken, please do more research on this topic, and consider writing some Op-Ed pieces about the virtues of natural gas (LNG & CNG) as a viable fuel source to be used in a PORTFOLIO of fuel options for Americans. There is no single "silver bullet" to solve the nation's transportation, energy, and environmental concerns. Rather, the answer lies in a portfolio of solutions.
The Brazilians have long since learned this valuable lesson and put into place a portfolio approach to their surface transportation needs. The Brazilians currently utilize sugar cane derived ethanol (3 times more efficient to grow than corn-based ethanol), petroleum derived fuels (gasoline & diesel), and natural gas (mostly CNG). By implementing a diversified portfolio approach to their surface transportation fuel needs, the Brazilians are now generating approximately 40% of their domestic fuel needs with renewables (ethanol), and they are exporting all of the "displaced" oil overseas. Brazil has become a net energy exporter and completely self sufficient in terms of its national petroleum consumption. But it was not always so. Brazil was dependent on imported oil to the tune of 85% of its domestic consumption at the beginning of the first OPEC oil embargo in 1973.
So, we Americans have many lessons that we could learn from the resourceful Brazilians. Tapping into our abundant natural gas resources for the transport sector might not be the only solution, but it certainly should be a significant factor in a diversified portfolio approach to our transportation energy requirements. It is certainly as viable an approach as an electrified approach to transportation.
John Block
Managing Director
Clean Energy Bridge, LLC
Fort Worth, Texas