US Action News

Drilling restrictions are sending oil and gas production outside America’s sphere. The curbs are presumably in place for environmental reasons. But the truth is, it’s cleaner to drill at home than elsewhere.

The reduced number of shallow-water oil drilling permits issued by the government could place as many as 40,000 jobs at risk and cost the region $4.3 billion in lost wages and revenues.

Landrieu blamed the administration’s drilling ban — put in place as administration officials review new federal drilling standards in the wake of the Gulf of Mexico spill — for economically hurting the region more than the spill itself.

A Gulf Coast Democrat is vowing to block Senate confirmation of President Obama’s budget director until the administration agrees to lift or ease a federal freeze on deepwater oil-and-gas drilling.

Jindal told reporters: “The experts all agree, we can end this moratorium before six months. Let’s put our people back to work.”

A new analysis of the effects of the offshore drilling moratorium shows more to worry about than beaches and tourism. Massive job loss and economic hardship lie ahead, and we’re doing it on purpose. – IBD

Of the seven members appointed to the commission, not one is a petroleum engineer, and all have long-standing ties to the environmental movement.

Obama’s oil drilling moratorium and budget decisions are destroying the Louisiana economy.

“Where would Jesus drill?” That sounds almost like it could be the opening of a tree hugger’s bad joke, but instead it’s the lead in a recent Associated Press story written by John Flesher about a so-called “Green religion movement.”

Connect the dots of what has occurred in just the past two weeks to deep-water oil drilling, shallow-water drilling and oil refining. The effect is the same. Barack Obama is shutting down Big Oil.