As a self proclaimed expert in the field of economics, could you please post some of your credentials?
But seriously, We DON'T know what it would do to the economy, its a fickle beast, and I would much rather NOT have to pay an extra 5 dollars at the gallon because The current numb-nuts in charge of our country want to sit in a chair and discuss "why did this happen what caused it", From what i can tell, and I'm no expert, the rig ignited, melted its supporting structure, fell down thousands of feet and crunched the line, and until we figure out how to make a rig thats invulnerable to a large thermonuclear warhead, I don't think we WILL know what to do.
A good way to fix it?
Remove all the bureaucrats, and let the engineers do what they do best,Fix the thing.
In two more weeks the relief well drills will reach the point where they can permanently close it off(one is less than 3000 ft from hitting its intersect point, it takes about 10-12 days to spin that far, but don't take my word for it, its on BP's website), and i trust these engineers more than i trust any man/woman in Obama's administration.
But this whole thing is about the same as Me not driving my other cars because one of them blew a pan gasket, and I'm afraid that because one blew they all will. Keep drilling, Sure, do a better check over the ones still running before you leave your house, but Business as usual.
And before you say "OMG you don know anything about living in teh gulfs" LIKE HELL, I worked a shrimper in new orleans for 3 years, I know how much this is hurting businesses down there, the company I used to work for down there has packed up their boats with oil retrieval equipment and helped out with the leak as much as they can, BP is paying them for lost wages AND is also paying them 300 a day per person to do this, they know they made a mess down there and are doing everything they can to fix it, One bad apple doesn't mean the whole bushel is the same(unless your a politician).
So remove The entire obama admin from it, all they are doing is putting undue stress on already tight wound engineers.
To the engineers of the BP oil containment teams, fellow shrimpers of the gulf coast, and all who are trying to make the best of a bad situation, I Tip my rum to you. Cheers