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I lived in the Gulf (Panama City Beach) in the very early Eighties, and i saw firsthand the damage done by 'offshore' drilling- the coastal area of Louisiana was trashed, and they even had mutant marine life to rival those three eyed fish from the Simpsons. I hope they have made progress in reducing the damage to the environment, because it wasn't pretty. Besides, I was under the impression that it's not a shortage that is causing this problem- it's unbridled speculation, due to the lifting of controls that had been set in place post-Great Depression.
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