Off-Shore Drilling Environmentally Sound, Panel Says

Expanding oil drilling will not severely harm the environment or put alternative fuel investments at risk, some energy industry experts say. The Institute for Energy Research (IER) responded to questions from various news reporters by way of a conference call on Tuesday. (Snip)

Offshore rigs proved themselves in the Gulf of Mexico during Hurricane Katrina. ''We actually moved oil wells rigs out of the Gulf; they were blown out of the Gulf, and yet (there were) no oil spills at all because of the new techniques that have been used ever since the Santa Barbara oil spill...

[the risk of oil spills from modern drilling rigs is orders of magnitude less than that of ships {think: Katrina} - i.e., the closer to home the rigs, the less chance of spills]

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