We believe that, in light of this recent tragedy, there should be a time-out on any action to proceed with new offshore drilling until there has been a full and independent investigation of the causes of this blowout.
Yesterday I arrived in New Orleans to see firsthand the impacts of the still-uncontrolled, still flowing oil spill from Deepwater Horizon. The first impression I got is that the coast of Louisiana is the work horse for the oil and gas industry.