The Gulf Oil Spill: The Environment, the Economy and the Politics

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From the Gulf Coast to the White House to the offices of the British oil giant BP, the word is "unprecedented." Nobody's ever seen anything like this before. As an already massive slick moves toward the shoreline, it continues to grow -- and it may take weeks to shut off the gushers 5000 feet below. Just a month ago, President Obama lifted the moratorium on new off-shore drilling, saying a competitive economy still needs energy from fossil fuels. What's the worst-case scenario for wildlife, commercial fishing and recreation?  Will the impending disaster be bad enough to change the equation?




Warren Olney