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.
Post Tagged with: "oil drilling moratorium"
Landrieu battles White House for killing drilling jobs
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.
Landrieu to block OMB nominee unless oil drilling ban lifted
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.
Five Years After Katrina, Obama’s Drilling Ban Biggest Threat to Gulf Recovery
Five years after Hurricane Katrina hit New Orleans, both Republican and Democrat officials in Louisiana agree that the Obama administration’s moratorium on deepwater oil drilling in the Gulf of Mexico is now that state’s biggest problem. In fact, it was the biggest concern voiced to President Obama Sunday during his speech marking the fifth anniversary of the disaster.
The Job Moratorium
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
Obama to Louisiana: Drop Dead
Obama’s oil drilling moratorium and budget decisions are destroying the Louisiana economy.
Sarah Palin on Obama’s lack of leadership
Sarah Palin on the continued disconnect between the American people and President Obama.
Obama loses drilling moratorium appeal
The motion was denied because the government failed to show “a likelihood of irreparable injury if the stay is not granted,” the appeals panel judges wrote in a 2-1 ruling. The government also “made no showing that there is any likelihood that drilling activities will be resumed pending appeal.” Interior Secretary Ken Salazar has said he will soon issue a new order to block deepwater drilling regardless of how the court ruled and oil companies have not resumed drilling due to the legal uncertainties.
Obama is Strangling Big Oil -$7 a gallon gas anyone?
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.