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deepwater drilling

A Threat to Jobs in the Gulf: The Drilling Moratorium

Even though the BP well is planned to be fully plugged sometime on Sunday, disputes over employment loss are just heating up.

 

Beyond the debate amongst major companies like BP and Transocean over who caused the worst oil spill in history, disputes are brewing over employment lost due to the Moratorium put on deep-water drilling in the Gulf of Mexico by the Obama Administration.

A report released Thursday by the Obama Administration states that, although predictions showed between 8,000 and 12,000 jobs lost due to the moratorium, the current evidence shows little, if any, job loss in the region.… Continue reading