Isn't another solution to just let the oil go into the ground, and stop worrying about destroying earth? I can imagine Trump getting rid of all environmental regulations. How likely is that? (I'm on the environmental regulations side of course, but I'm quite worried that this will be the logical next step).
Sure but how will that make money for the well operator? I understand what you're saying, but what actual legal/political/economic framework are we talking about?
Right now the operators have to pay for the storage as far as I know. The game is not about making money, but at least not losing. That's why I'm afraid that some people would rather make an environmental disaster than to pay for a company to store the oil. But of course I don't know anything about the oil industry.