On Thursday, I wrote about the announcement of a new giant oil field discovered by BP in the Gulf of Mexico. It’s in 4,100 feet of water, and the well is over 35,000 feet deep. If it turns out to be as big as BP hopes it is, it might be BP’s biggest Gulf find and deliver half the output of Prudhoe Bay. Big field.

On Friday comes
word that Bobby Jindal and the State of Louisiana have their eye on the prize.

This will be interesting.

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Right now, today, we have an available source of energy that accomplishes the stated policy goals of the Obama Administration, by:

• Reducing our reliance on imported oil.
• Creating good-paying, green jobs for Americans.
• Reducing greenhouse gases and atmospheric pollutants.
• Providing affordable energy from a totally domestic, proven source in virtually inexhaustable amounts.

Of course, nothing’s perfect. This energy source comes with some distinct DISADVANTAGES, being contrary to the Administration’s goals:

• It’s not government-centric.
• It won’t allow the Administration to throw a sop to ACORN, SEIU or powerful Democrats in Washington.
• American corporations (and American investors) sometimes actually make a profit on it.
• Winners and losers are determined in the marketplace, not by government diktat.

So, I can see already why this fuel might not be popular with the current Administration, but some folks might even interpret those disadvantages as ADVANTAGES.

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