Sunday, March 9, 2014

Ignoring the Cost of Offshore Drilling

This Sunday's edition of the Pilot’s Opinion section pointed out federal law prevents Virginia from earning oil royalties from off shore wells.  The writers conclude Virginia shouldn’t allow drilling and risk ruining our beaches if there is no economic benefit for the Commonwealth.

Most of us drive cars, heat, cool and light our homes.  We take warm showers, wash our dishes, listen to the radio, surf the web and watch TV  - thanks to fossil fuels.  Only 13% of our power is renewable compared to 63% for Canada.  With the US ban on coastal drilling combined with the powerful environmental movement, you would think offshore wind would naturally be very popular but unfortunately it costs three times as much and evidently there is no “real” political will to make this happen.

We all want clean energy but few are taking a stand.  We have natural seepage off the coast of California, that scientist say can be reduced by drilling - but the politics aren’t right.  Experts say that you can’t safely drill in coastal waters but it's done all over the world.  If the practice is so environmentally unfriendly why do we accept oil shipped from Nigeria and offshore Angola?  Until the North Dakota Bakken's come on line, nearly the entire East Coast runs on Nigerian and Angolan light sweet crude which begs the question, why is OK to drill off the coast of Africa but not America?  The off shore drilling moratorium continues, not because it’s can’t be done safely, but because there are no royalties for the state?

What is wrong with America?  The last GDP numbers indicate America is growing an anemic 2.4% annually and the national debt will top $18,000,000,000,00 by the end of 2014.  How much longer can we hobble along with the belief we can’t safely produce our own energy at home and that somehow it’s better for the environment to drill in someone else's back yard and then ship it here?

Last September Dominion Virginia Power won a huge a $1.6 million lease to build the first wind farm off the coast of Virginia with a project start not until 2023.  Without support from Federal and State government this wind farm is dead before the first piling is driven.  Pile on the Navy's objections, environmental group opposition and you can bet Virginia will never see anything but an offshore test sit.  The last serious wind company in Virginia gave up and moved to the coast of Spain.

For starters let’s get the basic seismic testing done and see what we are dealing with.  Next, if it’s natural gas lets drill ASAP.  If it’s methane hydrates, let’s talk to Japan and figure how they figured out how to mine their huge deposits of methane hydrates.  If it’s oil lets take our time and figure out how to get at it in the safest way possible.

Unless you want to leave your car in the garage, wake up to a freezing home, give up air conditioning, toss out all your appliances, unplug from the net and turn off your TV, it’s time to wake up and smell the orderless gas we exhale, that's necessary for all green plants on the planet.  When the President ran I believed him when he repeatedly said our energy policy would be "all of the above.Let’s make wind and solar a national priority by developing our offshore resources and use the royalties to develop and subsidize renewable energy in the states who are risking their shorelines.