Cheers dude -
Yeah it's very difficult.
Working in the offshore, deepwater exploration and production business is incredible, exciting and challenging. It is like landing on the moon every day! The investment in technology is incredible, and the advances made yearly in this game are truly mind blowing.
Due to the power of oil as a commoditity, you simply cannot just take it off the agenda over night. Fuel is where to start, and as i mentioned - natural gas is the most viable alternative. Solar and wind can help for power, but they're incredibly expensive and the economies of scale just do not work - we all live in such a power / energy hungry world, it truly is mind blowing.
I was discussing this the other day with a very senior colleauge. Oil prices are going to go through the roof, where as Gas will remain very cheap comparetively.
I heard an interesting stat today from the US environmental agency that stated that although this spill sounds catastrophic, it is not just yet, and that it is yet to reach natural seepage rates in the GoM . That said, that is spread over the whole region, but it should be highlighted that there is an abundance of bilogical organisms that exist by consuming oil within our oceans breaking this down naturally. (im in no way defending anything here, to me this spill is shocking and simply should not happen in 2010).
The reason i began working in oil was that - it's gives you the opportunity to travel the world, I always thought why pay to travel the world, if you can get someone to pay you to do it. I also wanted an exciting, adventurous job, and yes even dangerous.... and of course it pays well, being an engineer in the oil industry is very well paid.
I love the oceans, i grew up in them - and i always wanted to work in them... and of course protect them - and i can tell you that the sequence of events that led up to this will be investigated and there is a reason it happened (1000's of wells a year similar to this are safely completed and produced), for which there will be blame and severe repurcussions. I am interested to hear everyones thoughts on offshore oil production though? Think about how your life would change if there was no oil? No PS3, Xbox.... ski's.... (back to wood anyway!) - plastics, they're gone.... forget fuel, think of oil as the building blocks for everything man made - our reliance on oil is almost total.