Honesty requires that I acknowledge what an unmitigated disaster this oil rig accident and spill is. Of course the loss of life is tragic. But I’m referring to the potential damage to the environment and the damage to offshore drilling as a policy option. I’ve written at length about offshore drilling and one of the points I’ve hammered is the improved safety record of the industry. Fairly or not, this accident puts that entire argument in jeopardy. Environmentalists will legitimately have a new horror story to point to for a very long time.