Oil Spill, Who Benefits?...

The current oil spill problems in the Gulf is a tragedy for all involved, not to mention I see the cost of Gulf seafood going way up.

I'm still waiting for the cause, or what we get told is the cause. Oilrigs don't tend to blow up, for a lot of very good reasons. Sure they tip over, catch fire and other such mishaps from time to time, but I can't think of any that just blew up, unless someone blew them up.

While it might be hard to pick up from all the coverage, oil companies are not formed for the purpose of coating the oceans with oil-spills. Nobody sits around the offices of Big Oil and wonders " how can we have a new oil spill next week." Believe it or not, they try as hard as they can to avoid these things.

I'm sure they hate them, your average petro-exec looks at the events in the Gulf and cries because he sees a giant hose gushing money into the Gulf. Not to mention I'm told the replacement cost on the platform of around $ 7 billion and the loss of all those drilling days at around $ 1 million per day.

Then they'll need to pay to clean the giant oil slick up and they'll get sued.

The effects will ripple and you have lots of rig workers, support people and such out of work with families to feed mortgages to pay . Not to mention that's more oil we'll need to buy on the world market from countries that aren't such upstanding folks. Don't get worked up with me either, I know how you scream every time the cost at the pump goes up, there are no free lunches…"

That is the kind of incentive to not spill the stuff any business exec understands, no cost/benefit equation points here.