The Deepwater Horizon spill is clearly an ecological disaster, but overreaction to it could cause more environmental and economic harm than good.

Despite the recent Deepwater Horizon disaster, offshore drilling is an opportunity that we cannot afford to squander, as our energy security and economic growth depend on it.

BP and the Minerals Management Service share responsibility for the Gulf oil spill, and while BP should ultimately pay for the damages, action must also be taken by the U.S. government to reform the leasing process for offshore areas.

Despite the consequences of the Deepwater Horizon accident, domestic offshore drilling is an important part of America's supply of reliable and affordable energy.

While the Obama admistration's response to the Gulf spill has been plagued by federal failures, Obama has been given a free ride from the media, a stark contrast to its treatment of George W. Bush in the aftermath of Hurricane Katrina.

The Obama administration had the opportunity to prepare for an offshore drilling calamity, but by failing to do so, it must take the lion's share of the blame for the disastrous oil spill in the Gulf of Mexico becoming a catastrophe.

The hysteria of the media and the political class over the Deepwater spill could have second-order environmental impacts that could be cumulatively worse than the spill itself, both for the Gulf and for other environmental arenas.

Once again, high gasoline prices are in the news. As of this writing, the national average gasoline price per gallon price is hovering around $3.79.