Obama’s Drilling Moratorium Has Deeper Impact Than BP Spill

Hey, don’t listen to me, listen to the experts

The economic damage from the BP spill in the Gulf of Mexico will be dwarfed by the Obama administration’s moratorium on deep-water drilling, the chief executive officer of a New Orleans business group said.

The six-month drilling ban, which the U.S. Interior Department revised today following lawsuits from local businesses, may affect as many as 24,000 jobs in Louisiana, Michael Hecht, president and CEO of economic-development group Greater New Orleans Inc., told a presidential commission today.

“Rigs were starting to leave” to drill in other nations, Hecht told reporters after testifying to the commission created by President Barack Obama last month. “The economic impact from the oil spill itself, however broad and long-lasting, will likely be dwarfed by the impact from the moratorium.”

Listen, I’m all for protecting the environment. As the saying goes, it’s the only one we have. I love clean water, air, and land. Yet, we do also have to consider what happens to REAL people when leftists make these kinds of decisions

The moratorium may reduce local payrolls by almost $2 billion and cause “almost unfathomable” damage to state and local government finances, Landrieu said in a friend-of-the- court brief to the lawsuits on July 2. In Louisiana 320,000 direct and indirect jobs depend on drilling, as do engineers in Houston, according to the filing.

The Obama admin. response? Suck it.

Rigs are already leaving, and others plan to leave. Real people, not numbers on a report, will be affected.

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One Response to “Obama’s Drilling Moratorium Has Deeper Impact Than BP Spill”

  1. teabag666 says:

    (I can keep deleting your comments, leading to a ban hammer, if you want. Up to you. Or, are you just a typical uncivilized and childish liberal?)

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