U.S. (Obama Administration) Saw Drill Ban Killing Many Jobs

Whoever is doing headlines needs to get a clue that they should tell it like it is -- Obama Administration is what should have been used instead of US because that is factual. As for 23,000 jobs cost during the moratorium, would bet that is a very low number considering the number of rigs in the Gulf. I would hazard to guess that Louisiana and Texas people would be disagreeing with the number as well.

The Obama Administration is overruled by a federal judge and still continues to keep the moratorium in place. Does Obama want to tank domestic oil production in favor of his Muslim friends in the Middle East or dictators in South America?

Obama's hatred toward the oil and gas producers is very telling. Guess they didn't give him enough campaign donations during the 2008 campaign to get on his good side because with him it is all about fundraising which is the one thing he seems to enjoy doing. He will not take responsibility for anything -- always has to blame someone else -- now it is the Congress under full Democrat leadership.

U.S. Saw Drill Ban Killing Many Jobs
By STEPHEN POWER And LESLIE EATON

Senior Obama administration officials concluded the federal moratorium on deepwater oil drilling would cost roughly 23,000 jobs, but went ahead with the ban because they didn't trust the industry's safety equipment and the government's own inspection process, according to previously undisclosed documents.

Marcia McNutt, an Obama administration science adviser, commented on the corporate culture of BP in a memo sent to Michael Bromwich, the administration's new top offshore oil exploration regulator, on June 28.
.Critics of the moratorium, including Gulf Coast political figures and oil-industry leaders, have said it is crippling the region's economy, and some have called on the administration to make public its economic analysis. A federal judge who in June threw out an earlier six-month moratorium faulted the administration for playing down the economic effects.

After his action, administration officials considered alternatives and weighed the economic costs, the newly released documents show. The Justice Department filed them in a New Orleans court this week, in response to the latest round of litigation over the moratorium.

Spanning more than 27,000 pages, they provide an unusually detailed look at the debate about how to respond to legal and political opposition to the moratorium.

They show the new top regulator or offshore oil exploration, Michael Bromwich, told Interior Secretary Ken Salazar that a six-month deepwater-drilling halt would result in "lost direct employment" affecting approximately 9,450 workers and "lost jobs from indirect and induced effects" affecting about 13,797 more. The July 10 memo cited an analysis by Mr. Bromwich's agency that assumed direct employment on affected rigs would "resume normally once the rigs resume operations."

Read More at: Wall Street Journal