Drilling Moratorium Costs 23,000 Jobs

August 21st, 2010 at 8:57 am | 3 Comments |

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A federal report has concluded that the Obama administration’s moratorium on deep-water drilling will affect over the 23,000 jobs:

WASHINGTON — The deepwater drilling moratorium in the Gulf of Mexico costs at least 23,000 jobs, according to a federal document that weighed the economic impact and alternatives to the drilling ban.

A six-month suspension would directly put 9,450 people out of work and indirectly affect nearly 14,000 other jobs, according to a memo from Michael Bromwich, the nation’s top drilling regulator. The July 10 memo to Interior Secretary Ken Salazar outlined several options regarding the suspension of offshore drilling.

Salazar issued a moratorium in June, but it was struck down by a federal judge in New Orleans after oil and gas drilling interests said it wasn’t justified following the Gulf oil spill.

The Obama administration issued a new moratorium July 13 — three days after the memo — that stressed new evidence of safety concerns. The White House hopes the revised ban will pass muster with the courts.

The moratoriums were put in place following the Deepwater Horizon rig explosion April 20 that killed 11 people. Millions of gallons of oil spilled into the Gulf after the rig sank.

Some energy experts, engineering consultants and Gulf Coast leaders have joined Big Oil to ask Salazar to change his mind. Drilling was safe before the BP spill, they said, and Gulf communities that depend on the industry were suffering unfairly.

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3 Comments so far ↓

  • Rabiner

    “Some energy experts, engineering consultants and Gulf Coast leaders have joined Big Oil to ask Salazar to change his mind. Drilling was safe before the BP spill, they said, and Gulf communities that depend on the industry were suffering unfairly.”

    So drilling was safe before the accident? If it was so safe before the accident then why did the accident ever occur? I think 23,000 jobs or a clean Gulf of Mexico is a decent trade off when you take into account what would happen if another ‘accident’ occurred and affected more fisheries and tourism.

  • Bebe99

    Right Rabiner, there are a few issues that must occasionally trump the economy, even in difficult economic times. Making sure a spill like this doesn’t happen again is certainly of higher import as it affects the food supply, the entire gulf coast and the ocean system at large. I wonder how many tourism and fishing jobs were lost to the spill? Would we want to risk losing them again with another spill? Its unfortunate that the job losses fall so heavily on gulf coast residents. But the environment must be safeguarded for us and future generations.

  • armstp

    This is a completely BS post. “Will” affect over the 23,000 jobs. The moratorium has been in effect now for several months and is expected to end in just a few months. So far there has been virtually no job losses.

    There has been lots of bravado and so-called reports saying the moratorium will dramatically impact the economy and jobs, but that was all political and absolutely non-of it has actually materialized. One estimate even said 1 million jobs will be impacted. Truly, bullshit.

    http://www.nola.com/news/gulf-oil-spill/index.ssf/2010/08/deepwater_oil_drilling_morator.html