BP Spill: Are We Overreacting?

There are probably many reasons to hate BP, but we missed the most important one. No, I am not talking about spoiled beaches, death of birds, environmental damage, or wastage of natural resources. I am talking about the way we have been used to overreacting due to the spill.

How much, I wonder, we would react when we realize that we have to import more oil that the actual spill. Why? To maintain our economic budget and repay our deficits, we have borrowed enough capital from other economies. Besides, we aren’t producing half the amount of oil needed by our country. So, watching our money gushing to oil importers faster than oil gushing into the Gulf would be certainly over reactive.

If you are not aware about updates on world’s environmental conditions, let me tell you, every year, oil more than the BP spill, gushes into the water of Nigeria. If that’s a part of our earth, why aren’t we bothered about it? And why are we over reacting on this issue?