Obama’s De Facto Oil Ban Still Killing Jobs

Conn Carroll / November 09, 2010

Last week we reported on numbers showing that despite supposedly lifting his offshore oil drilling moratorium, the Obama administration is maintaining a de facto drilling ban by slowing and sometimes stopping permit issuance all together. GNO Inc., an economic development agency serving the 10-parish New Orleans region, found that the Bureau of Ocean Energy Management, Regulation, and Enforcement is issuing 3.8 fewer shallow-water drilling permits per month since August than it was the year leading up to the oil spill. Worse, no new deepwater permits have been issued since May.

As Thomas Clements, co-owner of a Louisiana offshore drilling support business, explains in today’s Human Events this de facto drilling moratorium is killing jobs in the Gulf: (more…)