Sorry - I just don't buy it.
We cannot, no matter what we open up, increase our petroleum production 50%.
We can, it would just run in the 10s, if not 100s of trillions to do so
Not really, no. I'm generally of the opinion that if we're going to continue to use oil at high levels instead of replacing it, it's smart to use everyone elses oil while it's cheap and available.
You mean off the Cuban coast, in Cuban territorial waters.
International waters off of the Florida coast, as well
The smartest thing we can do as a national security matter is USE LESS OIL. What is really best for national security is hoarding our oil supplies and depleting everyone else.
We could save way more oil than ANWR could produce just be improving fleet fuel economy 10%.
I've been working in the shipping/offshore industry for a few years now, and even during Katrina, I did not see a scare on the Gulf Coast like this. We're on the verge of shutting down the 9th largest port in the nation (Mobile, AL), and discussions are in place on how to avoid totally shutting down the Lower Mississippi River (LMR), but no one is very optimistic at this point. So far, the only redeeming quality over this accident vs. the Exxon Valdez that everyone remembers so painfully tis that this is in a MUCH more accessible and much heavier manned, though ecologically more fragile region.
There are some out there calling for the total banning of offshore drilling. How do they feel about the shipping industry and moving gas/oil by tanker? From April 1st to April 25th there were 32 incidents around the world involving environmental contamination by some form of tanker/vessel casualty (yes, 32 vessel casualties in 25 days. This is pretty normal considering how many of these vessels are in operation globally). The Deepwater Horizon was only 1 of those 32, and the first incident in quite a few years in US waters. Yes, it is on a much larger scale than these other incidents, but that should not negate their occurrence. If we are to stop offshore drilling, are we to stop the use of tanker vessels and barges as well?
Rant over, please keep the Gulf Coast in your thoughts. This area has weathered the recession fairly well, but a catastrophic even like this has the potential to be, coupled with the approaching hurricane season, can really screw us over and completely collapse some industries that were barely holding on to begin with.
On the bright side my oil stocks are up. 