Offshore Drilling Explained

Dr. M (1801 Posts)

Craig McClain is the Executive Director of the Lousiana University Marine Consortium. He has conducted deep-sea research for 20 years and published over 50 papers in the area. He has participated in and led dozens of oceanographic expeditions taken him to the Antarctic and the most remote regions of the Pacific and Atlantic. Craig’s research focuses on how energy drives the biology of marine invertebrates from individuals to ecosystems, specifically, seeking to uncover how organisms are adapted to different levels of carbon availability, i.e. food, and how this determines the kinds and number of species in different parts of the oceans. Additionally, Craig is obsessed with the size of things. Sometimes this translated into actually scientific research. Craig’s research has been featured on National Public Radio, Discovery Channel, Fox News, National Geographic and ABC News. In addition to his scientific research, Craig also advocates the need for scientists to connect with the public and is the founder and chief editor of the acclaimed Deep-Sea News (, a popular ocean-themed blog that has won numerous awards. His writing has been featured in Cosmos, Science Illustrated, American Scientist, Wired, Mental Floss, and the Open Lab: The Best Science Writing on the Web.

4 Replies to “Offshore Drilling Explained”

  1. Brilliant… As was commented today by Atrios (of the blog Eschaton), you really do have to be somewhat in the know to even begin to appreciate Jon Stewart’s/Steven Colbert’s humor — this was so well done, though, that anyone who’s ever played three-card Monte would get it.

    Thanks for the post!

  2. Why I know things I am not sure, but I knew as soon as prices started their relentless rise that it was manipulation of the markets.

    Usually it takes 2-3 years before it starts to seep into the upper echelons of the public conciousness as this video indicates is now happening.

    So I give it another 1-2yrs. before it suddenly dawns on the public they’ve been had, and screwed over for one reason alone so extremely wealthy people bored and out of fun things to do with billions decided to start “gambling” on oil prices.

    Of course unlike real gambling where there are long odds, they fixed the odds by making sure before they started playing the finance laws made previously illegal shady dealings perfectly legal.

    The gamblers are proxies known by the more common name of Hedge Funds, made up of mostly American and Israeli plus a late coming Russians who weren’t going to be left out of the game.

    Of course it could only be fun for so long, as long as they could fool themselves that they were playing a prime role in redistributing wealth in the marketplace so it could be better spent in further growing the world economy in future tech. rather than preserving the status quo that coincidentally keeps poverty at bay for billions.

    The fact that what it really did was put that money in their hands to spend as they please 1st is besides the point.

    They did it for all humanity, to force us to switch to alternative fuels.

    They did it to force income redistribution from wealthy nations to poor ones (ok Petrodollar nations, not poor ones).

    Ask Hedge Fund market gamblers what they are and you’ll hear something like1/2 Robin Hood and 1/2Environmentalist.

    Yes far from the common man’s presumption that they know themselves as the thieves they are, many see themselves as benevolent protectors of our species, using the powers of the marketplace to force changes forestalled by Government controls that prevent the billions of world poor from feeling the pain that would force them to change to more economic and environmentally sound energy use practices.

    Thank goodness for those saintly men.

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