Quote:
Originally Posted by JoeRedskin
Take a deep breath and sit down for this first, I have some earth shattering news for you:
The private sector does not have the answer for everything.
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Maybe not, but with the right motivation the private sector very often finds a workable solution. In this case, clearly with govt support, there are several motivating factors for a private sector oil leader to come up with a solution. 1) if a company makes a breakthrough and finds a creative, effective way to end this, they get HIGH Publicity and advertising capital for their company. 2) if the solution is patent-able, they could make a profit by their design. 3) the company that stops it, if BP were to throw up their hands, would have an upper hand in the foreseeable future of deep sea drilling.
IF, and I don't believe this will be the case, it goes unstopped till August, this will be the equivalent to deepsea drilling that 3-Mile island was to Nuclear energy in this country.