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Five Years After Katrina, Obama's Drilling Moratorium Biggest Threat to Gulf Recovery
Newsmax ^ | 8/29/2010 | Newsmax

Posted on 08/30/2010 11:07:51 AM PDT by Qbert

Five years after Hurricane Katrina hit New Orleans and other parts of the Gulf of Mexico, both Republican and Democrat officials in Louisiana say the federal moratorium on deepwater drilling in the Gulf of Mexico, put in place after the BP oil spill, is now that state's biggest problem.

In fact, it was the major concern voiced to President Obama Sunday during his speech marking the fifth anniversary of the disaster.

Louisiana's congressional delegation – Democrats and Republicans – has a key focus of getting the president to lift the moratorium on offshore oil drilling his administration imposed in the wake of the BP spill.

[Snip]

In speaking to reporters following the president’s speech, Gov. Bobby Jindal said he thanked the president for mentioning seafood in his speech but said he hoped to hear a more explicit discussion of the effect the federal moratorium is having on the state economy.

“The experts all agree we could end this moratorium before six months,” Jindal said. “Let’s put our people back to work … I didn’t personally object to a pause [in drilling] but I object to a one-size-fits-all moratorium.”

U.S. federal government officials and many environmental activists say the temporary ban on drilling is necessary to prevent further accidents. But people in the Gulf region are worried that many of the well-paying jobs provided by the energy industry might leave and never come back.

The recent oil spill left many fishing boats in the Mississippi delta and Gulf of Mexico coastal area idle.

But more people in Louisiana make a living from the oil and gas industry than from fishing and the moratorium has put hundreds of them out of work.

(Excerpt) Read more at newsmax.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: Louisiana
KEYWORDS: katrina; la; moratorium; oilspill

1 posted on 08/30/2010 11:07:53 AM PDT by Qbert
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