Since these extraction companies, unlike Goldman Sachs, don't create money out of thin air , yes we will all pay for this in the end. Nothing new or really controversial there. We are just as much a part of the problem with our insatiable demand for cheap oil.
I was watching the talking heads this morning and what I found interesting is how the conservative point was this was all governments fault. They seem to want it both ways. Less regulation and oversight but it's government's fault when something fails. This is completely the fault of big business capitalism putting profits above all else just the same as the recent coal mining disaster. Conservatives demand government regulate less and this is what you get. Free market capitalism unfettered cutting corners for profit.
While it is always a spectacle to see the lawyers circling like sharks and sadly they will profit the most there has to be some accountability and compensation for the individuals/small business operators who's livelyhood will be impacted or ruined by this big business fiasco.
