The Rising Influence of Rising Affluence

[OakesCS]

more dumb deepwater 'solutions'

from Tues WSJ:

"In the future, relief wells should be drilled simultaneously with the main well." Michio Kaku - professor of theoretical physics at City College of New York

Prof. Kaku is a regular on PBS and cable network outlets like the Discovery Channel. Either he is part of the stealth movement to kill GOM oil production or he's never applied his mathematical skills to economics. If his recommendation is adopted, it will kill oil production from deep water GOM as it will never be competitive with oil production outside the US.