Blog
May 16th, 2010

Do You Support More Off-Shore Drilling?

by

 

Earlier this week I learned of a poll conducted by NBC News and the Wall Street Journal. The poll — which ran between May 6 and May 10 — found that 60% of respondents supported more off shore drilling.

According to the Journal, 34% “strongly agreed” with more drilling, while 26% “somewhat” agreed.

Given the recent oil spill in the Gulf, how do you feel about more off-shore drilling — do you support it?

Do You Support More Off-Shore Drilling?

View Results

Loading ... Loading ...
Share and Enjoy:
  • email
  • Print
  • RSS
  • Add to favorites
  • Yahoo! Bookmarks
  • Facebook
  • Twitter
  • Technorati
  • Digg
  • del.icio.us
  • Google Bookmarks
  • StumbleUpon
  • Yahoo! Buzz
  • Mixx
  • BlinkList
  • Live
  • Reddit

4 Responses to “Do You Support More Off-Shore Drilling?”

  1. Lucia Says: May 17th, 2010 at 8:51 pm

    Offshore drilling is not as risky as deep water drilling. The poll doesn’t specify which is which.

  2. Tim Manni Says: May 18th, 2010 at 7:29 am

    Lucia,

    Could you explain to us what the difference is between the two?

    Thanks,
    Tim

  3. Lucia Says: May 18th, 2010 at 9:17 pm

    There’s reported to be 35,000 offshore rigs in the Gulf of Mexico that produce 1/3 of our domestic oil supply. There has not been an accident like the one in the news in over 40 years from these rigs. I’m for more of the same kind of drilling.

    The rig that blew up had a well 5000 ft below the surface, hence the name, deep water drilling. The depth has complicated the efforts to cap the well, which is why I’m not for more of that kind of drilling.

    BTW, the recent oil spill is light crude, not the heavy crude split at the Valdez terminal. The tar balls found on the shores of the Florida Keys are most likely from natural seeps like the ones which also occur regularly on Santa Barbara beaches on the CA coast. The light crude is diluted by the Gulf waters, and will disintgrate from the corrosive nature of salt water. A hazardous waste worker once told me oil is such a fragile substance, if split on soil, it will degrade into fertilizer in a year.

    I hope that helps.

  4. Tim Manni Says: May 19th, 2010 at 8:43 am

    A definite help, thanks Lucia!

    However, even though this oil is “light, sweet crude,” according to reports, it is showing up on coastlines in thick, heavy, gooey pools. It appears the gulf waters aren’t dissolving it completely.

Leave a Comment

Receive Updates via Email

Delivered by FeedBurner

About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

Connect With Us

  • rss feed icon
  • facebook icon
  • twitter icon

Compare Lowest Mortgage Rates

$