Quote:
Originally Posted by Taxi
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I see, the results are convincing me we should ease up regulations on land as well...
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Yeah safety is not an issue really. Training is extensive and there are a lot of precautions on the site. It costs a little extra for training, but that is normal in most industry. When something does go wrong, it can be fixed in a day in most cases. Even off-shore isn't bad, but deep water provides a lot of problems.
One of the big problems with the high cost and time involved in environmental impact reports, as they are, is that it easily prevents start-up companies due to the heavy funding on a pure gamble. So we now get monopolies and market manipulation by a few rather than what would occur with more competition. Companies should run clean, we should definitely take care of the environment, but this seems to be more than that.
And even worse, don't want to even get into it really, is the environmental regulations on refineries. So it comes to profit loss to ship our oil to other countries to have it refined (as we need it here), as we buy refined fuel back from other countries, and in some cases hostile countries. There was talk from the government to allow an additional refinery, but really who would want to take on such a venture? If I had the money I sure wouldn't, may as well just hand all the money over to the government and break even.