Panic over oil disaster will do far more harm than the spill itself

If you're searching for yet another reason to hate BP and distrust Washington, here it is. No, I'm not talking about the dead birds, befouled beaches or zillions of dollars in damage inflicted on millions of Americans by the incompetents at BP (enabled by clueless federal regulators). Rather, I'm talking about the way our nation will overreact to the Deepwater Horizon disaster. That overreaction will cause us far greater damage than the disaster itself, because we'll import more oil than we otherwise would and produce less of our own...
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