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Energy: Oil firms have been lumped into one big, bad group by the U.S. drilling moratorium. But they're not all alike. BP's green politics played a big role in the Gulf spill. That's what should be repudiated, not drilling.
Collectivism is alive and well in the White House, which seeks to spread the price of its deepwater drilling moratorium across the oil industry and the Gulf's economy.
As if the April 20 BP oil spill weren't bad enough for the people of the Gulf, they now face a jobless future no matter what the environmental and safety record of their local companies.
This insanity was directly caused by the company with the loudest claims to environmental sensitivity — BP, whose Beyond Petroleum slogan sounded as if it didn't even believe in its product, oil.
Read more in Investors Business Daily. |
