Quote by Bob Graham

Today 80 percent of all the oil that comes out of the Gulf is from 1,000 feet or more and today almost a third of it is more than 5,000 feet below the surface. What hasn't happened is the safety and the ability to respond to a negative event such as this blowout, has been far outrun by the technology of drilling itself. We need to close that gap.

Today 80 percent of all the oil that comes out of the Gulf i

Summary

This quote emphasizes the vast technological advancements in offshore oil drilling that have outpaced the development of safety measures and response capabilities. It highlights that a significant majority of oil extraction in the Gulf now occurs at a depth of over 1,000 feet, with a significant portion going deeper than 5,000 feet. The quote argues that although drilling technology has progressed, the means to effectively deal with associated risks, like a blowout, have fallen behind. It calls for a necessary focus on closing the gap between drilling technology and the ability to handle potentially negative events.

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