Sunday, May 30, 2010

Oil industry threatens the president and you


They are relentless as well as remorseless. Such is the march of capital.

"An extended moratorium on safely producing our oil and natural gas resources from the Gulf of Mexico would create a moratorium on economic growth and job creation," said Jack Gerard, president of the American Petroleum Institute, the main U.S. trade association for the oil and natural gas industry...

The ban, Gerard said, will hurt growth "by undercutting our nation's access to affordable, reliable, domestic sources of oil and natural gas..."

Gerard said he understands the frustration many feel toward the industry, but he said lawmakers should reconsider any decisions that would limit access to domestic sources of oil.

"This issue is much larger than the oil industry since access to affordable energy impacts every sector of our economy, every state in our nation and every American family," he said...

The ban could also mean layoffs in the energy industry, particularly in the Gulf Coast region, according to API. The group said 150,000 jobs are at risk if deep water production is significantly reduced over a period of five years.

"Deepwater is where the new action is in the Gulf," said API spokesman Bill Bush. "If that's shut down, there could be serious jobs impacts."

First, the US imports around 70% of its oil. So it only produces about 30% domestically. And of that, 30% it is only 30% that comes from offshore drilling. So the US only gets 10% of its oil from domestic offshore drilling. Not very much. At all. Fuck it.

Capitalists throw around the word "jobs" like Zionists with "anti-Semite." As soon as you make a point with them, they threaten and smear you so that you fuck off real quick.

Really though, if jobs are truly lost from stopping offshore oil production, too bad. Has to happen sooner or later - that oil ain't gonna be there forever. And that's what oil companies are ultimately in the business of - running themselves out of business, although they don't tell anyone that. Or themselves, really. But anyway, sometimes you just have to find something else to do, especially when you are a cog in the most profoundly destructive industry/line of work/business the world has ever known. Slave traders had to do it, much of the German military had to do it after World War II, even people selling Yugos had to do it. It sucks for the politically-celebrated "little guy," but such is life. Hopefully, one day, slaughterhouse workers will have to do the same.

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