|Yellowstone River Oil Spill|
It is telling to see the reactions to the oil spill in the Yellowstone River. There are always the reactions of disbelief as people try to come to grips with the fact that it happened in their backyards.
Other people react with indignation calling for exquisite investigations and an all-out effort on cleanup and punishing the culprits. Still others say they expected it and were only surprised because it finally happened.
Of course there are those who are just totally surprised and are dealing with the consequences without having the time or energy to process just what the event means in the long term.
Then, there are the totally disconnected reactions of the oil traders. Instead of shifting focus to other investments where there is less chance of environmental catastrophe, they are instead worried about "the bad publicity from the oil spill," and the longer term negative effects it might have on Exxon's stock price.
Perhaps there are some people being affected by the spill in Montana who have investments in Exxon and just accept the consequences remembering all the great gains and dividends they've collected over the years. Environmental degradation is just necessary collateral damage in the war of making profits. But, many other people there, and the wildlife and plant life, will pay a disproportionate share of the costs for the oil-based economy.