You originally state in the first post:
"What's a few more massive oil spills? There's money to be made!"
Then you were asked this question:
"My question is, what is wrong with this EO?"
You replied with ANOTHER opinion:
"I don't support increased ocean drilling. We do enough damage to our oceans already. I tend to be a planet over profits kind of person."
Opinions is all you offered so far.
You have yet to show WHY his EO is wrong, since there are natural oil seeps already existing in the Gulf of Mexico and in many other areas, yet no measurable damage to them is found. From Wikipedia:
Petroleum seep
"A
petroleum seep is a place where natural liquid or gaseous
hydrocarbons escape to the earth's atmosphere and surface, normally under low pressure or flow. Seeps generally occur above either terrestrial or offshore petroleum accumulation structures.
[1][
not in citation given] The hydrocarbons may escape along
geological layers, or across them through fractures and fissures in the rock, or directly from an
outcrop of oil-bearing rock.
Petroleum seeps are quite common in many areas of the world, and have been exploited by humankind since
paleolithic times. Natural products associated with these seeps include
bitumen,
pitch,
asphalt and
tar. In locations where seeps of
natural gas are sufficiently large,
natural "eternal flames" often persist. The occurrence of surface petroleum was often included in location names that developed; these locations are also associated with early oil and gas exploitation as well as scientific and technological developments, which have grown into the
petroleum industry."