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Friday, August 27, 2010

THE PRICE OF OIL

We are often told by social commentators that capitalism with its wonderful technology and scientific endeavours has made the modern world a vast improvement on the past, but the human cost in injury and death is always soft-pedaled by capitalism's supporters. Almost unnoticed in the panes of praise for the profit system is this short news item. "Employers in the offshore oil and gas industry were urged yesterday to improve their safety record after a big increase in the number of workers killed or seriously injured. The Health and Safety Executive said that 17 workers died in off-shore-related incidents and there were 50 severe injuries in the past year, a "stark reminder" of the hazards. The combined fatal and severe injury rate almost doubled, coupled with a "marked rise" in the number of hydrocarbon releases - regarded as potential precursors to a major incident." (Times, 25 August) RD

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