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U.S. Saw Drill Ban Killing Many Jobs [ie. Obama KNEW he was destroying jobs, kept it secret]
WSJ ^ | AUGUST 21, 2010 | STEPHEN POWER And LESLIE EATON

Posted on 08/20/2010 6:29:51 PM PDT by Brilliant

Senior Obama administration officials concluded the federal moratorium on deepwater oil and gas drilling would cost roughly 23,000 jobs and freeze up to $10.2 billion in oil-industry investment, according to previously undisclosed documents detailing their internal debates.

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, the documents show, administration officials considered alternatives but chose to impose a new drilling moratorium after concluding the industry lacked viable strategies for containing another major spill. Officials also expressed doubts internally about the reliability of the equipment the industry uses to prevent blowouts.

The administration hadn't previously disclosed its estimates of the economic effect of the controversial halt, ordered after the April explosion at a Gulf of Mexico well. The documents doing so were filed in a New Orleans federal court by the Justice Department earlier this week as part of the latest round of litigation over the moratorium.

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

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: bp; drilling; obama; oil

1 posted on 08/20/2010 6:29:53 PM PDT by Brilliant
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To: Brilliant

It’s BP’s fault. Make THEM pay for it.


2 posted on 08/20/2010 6:37:34 PM PDT by Willie Green (Go Pat Go!!!)
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To: Brilliant

Very interesting, article. Thanks for posting.


3 posted on 08/20/2010 6:41:40 PM PDT by PGalt
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To: Willie Green
It’s BP’s fault. Make THEM pay for it.

Willie, the drilling moratorium is the administration's fault.

It's totally unneccessary and will cost 27,000 jobs, besides putting a substantial dent in our crude oil supply.

Make the administration pay. In November. Dearly.

4 posted on 08/20/2010 6:55:56 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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To: Brilliant
There should never have been as much as a 'doubt' that Obama knew precisely what these decisions were designed to do.

Going a few steps farther; personally, think the bad safety record was their 'smoke and mirrors' MO so when a flaming mouse was thrown onto rig; no one would imagine. . .(yes.OK. Got radical MO from book/Dr. Mary's Monkey'(non-fiction); but concept is Marxist universal(and Alynsky)/ and with a little - or too much - imagination; there is a leap/lol - or not.

(At least; it is somewhere in the 'realm of possibility'. But no need to go there; we have only to stick with information such as that shared in WSJ to get to relevant conclusions about motivations here.)

5 posted on 08/20/2010 7:01:39 PM PDT by cricket (Osama - NOT made in the USA. . .and Obama, not made in USA either. . .)
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To: Brilliant

I’ve seen news articles that said the moratorium would cost 150,000 jobs. In order for Obama to accomplish his dream to redistribute our wealth, he must first destroy the Capitalistic system. It appears to me he is doing a great job.


6 posted on 08/20/2010 7:02:34 PM PDT by antidemoncrat
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To: okie01
Willie, the drilling moratorium is the administration's fault

BP gave them the excuse.
It's all BP's fault.
Make BP pay for it.

7 posted on 08/20/2010 7:05:19 PM PDT by Willie Green (Go Pat Go!!!)
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To: Brilliant
What they are doing just isn't going to get any clearer, America. It's not like it's a big secret.

The 0bama-Democrat-RINO (Progressive) "No Domestic Energy Policy!"

It Begins… First Oil Rig Relocates From Gulf to Foreign Waters

"As a result of the uncertainties surrounding the offshore drilling moratorium, we are actively seeking international opportunities to keep our rigs fully employed," Dickerson said. "We greatly regret the loss of U.S. jobs that will result from this rig relocation."

Idled Gulf Rigs Head For Africa

It is not just Gulf operations that are being effected either.

Wait and see for Shell {Shell puts Arctic drilling plans on hold, waiting on feds}

Let's not leave the refineries out.

EPA gives final "no" to Texas refinery permits

Then there are the land-based oil leases.

Judge Grills Feds on Pulling Drilling Leases

"A federal judge on Wednesday questioned Interior Secretary Ken Salazar's justification for canceling 77 drilling leases sold by the Bush administration around national parks in Utah."


8 posted on 08/20/2010 7:09:37 PM PDT by TigersEye (Greenhouse Theory is false. Totally debunked. "GH gases" is a non-sequitur.)
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To: Willie Green
BP gave them the excuse. It's all BP's fault. Make BP pay for it.

That is absolutely absurd moral relativism.

9 posted on 08/20/2010 7:14:33 PM PDT by TigersEye (Greenhouse Theory is false. Totally debunked. "GH gases" is a non-sequitur.)
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To: TigersEye

I think we can now see why Obama was publicly for nukes and oil drilling back in the spring (and pissed off a lot of lefties). It was cover so he could shut those industries down later while claiming he was actually FOR both.


10 posted on 08/20/2010 7:17:23 PM PDT by OrangeHoof (Washington, we Texans want a divorce!)
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To: Brilliant

Have you noticed it’s the Gulf region, where the recession has not hit the area as hard. New Orleans’s unemployment rate is lower than the national average. Ironically, New Orleans’s unemployment rate is normally above average.


11 posted on 08/20/2010 7:18:13 PM PDT by Ptarmigan (Bunnies Are Worthy Of Death!)
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To: TigersEye
BP has to compensate all the fishermen whose livelihoods were ruined...
Why shouldn't they have to compenstate all the other oil drillers as well?
They're not the ones who screwed up cutting corners. BP DID... It's BP's fault. Make them pay.
12 posted on 08/20/2010 7:20:40 PM PDT by Willie Green (Go Pat Go!!!)
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To: Willie Green
Why shouldn't they have to compenstate all the other oil drillers as well?

Because BP had nothing to do with the drilling moratorium. Your moral relativism, which excuses 0bama for his actions, is repugnant.

13 posted on 08/20/2010 7:23:01 PM PDT by TigersEye (Greenhouse Theory is false. Totally debunked. "GH gases" is a non-sequitur.)
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To: Brilliant

MSM where are you? NYSlimes? WAComPost? NPR? Why the silence?


14 posted on 08/20/2010 7:24:30 PM PDT by Drango (NO-vember)
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To: Willie Green

Your simplistic comments make me realize two things. You are not from that area, I am. And you are simply chanting pablum for the masses not unlike OBama does. Blame big business, blame Bush, blame anyone but he.


15 posted on 08/20/2010 7:44:20 PM PDT by USAFJeeper (Who Dat Nation - Loving the Manning Face!)
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To: Ptarmigan

Yes, that’s probably because of the BP stimulus. But now it is coming to an end, so expect that region to be among the slowest growth areas in the future.


16 posted on 08/20/2010 8:04:05 PM PDT by Brilliant
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To: Brilliant

Cloward-Pliven


17 posted on 08/20/2010 8:12:24 PM PDT by SanFranDan
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To: TigersEye
Because BP had nothing to do with the drilling moratorium.
Yes they did.
It was BP's screw-up that prompted the ban.
18 posted on 08/20/2010 8:29:33 PM PDT by Willie Green (Go Pat Go!!!)
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To: Brilliant

This decision makes us more dependent on foreign oil. That’s it, he’s a muslim.


19 posted on 08/20/2010 8:29:52 PM PDT by Crooked Constituent
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To: antidemoncrat
Sure. Take the money from BP and give it to the unemployed oil drillers via unemployment checks. Great economic thinking there.
20 posted on 08/20/2010 8:31:50 PM PDT by hinckley buzzard
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To: Brilliant; Willie Green

Ubanga and the rats STILL have the same plan they have always had - - do whatever is necessary to create as many government-dependent parasites as possible in order to grow the Democrat party “base”. What better way to accomplish this than by destroying the economy so that millions lose their jobs and get thrown out on the street so that they have to come crawling to government for “help”?

Voila! Expanded Democrat “base”.


21 posted on 08/20/2010 8:38:56 PM PDT by Lancey Howard
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To: Brilliant

Glad to see that they were focusing on jobs with a laser :(


22 posted on 08/20/2010 8:45:23 PM PDT by bushwon ("If you think healthcare is expensive now, wait till it is free"--PJ O'rourke)
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To: Willie Green

I really hope you were being sarcastic, but no sarc tag soooo gotta ask.....Where do you get that rationale?

BP did not initiate the moratorium. They are a private company, not the government. The moratorium was a “godsend” to the regime which wants more and more middle class downward mobilizing and depending on the government.


23 posted on 08/20/2010 8:48:37 PM PDT by bushwon ("If you think healthcare is expensive now, wait till it is free"--PJ O'rourke)
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To: Willie Green

Ridiculous moral relativist garbage. Just the kind of irresponsible attitude I’d expect from a Marxist.


24 posted on 08/20/2010 9:02:25 PM PDT by TigersEye (Greenhouse Theory is false. Totally debunked. "GH gases" is a non-sequitur.)
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To: Brilliant

The dimocrat party is the communist useful idiots. No I diden’t spell democrat wrong.


25 posted on 08/21/2010 5:19:24 AM PDT by G-Man 1 (--)
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To: Brilliant

The dimocrat party is the communist useful idiots. No I diden’t spell democrat wrong.


26 posted on 08/21/2010 5:19:27 AM PDT by G-Man 1 (--)
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To: Brilliant

The Democrat Party has achieved the status of Foreign Power and we are now an Occupied Nation.


27 posted on 08/21/2010 5:26:40 AM PDT by samtheman
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To: Brilliant
Just part of the job destruction of the democrats:

Photobucket

28 posted on 08/21/2010 5:30:07 AM PDT by engrpat (A village in Kenya is missing their idiot...lets send him back)
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To: Willie Green

It is not BP’s fault. The moratorium is a very cynical political abuse of power. It is death penalty level action.

Obama and those who violently oppose all drilling, all energy in any form should be made to pay heavily. The moratorium is political violence in it’s most disgusting form.

Such abuse must not be tolerated.


29 posted on 08/21/2010 5:42:04 AM PDT by bert (K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming)
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To: bert
It is not BP’s fault. The moratorium is a very cynical political abuse of power. It is death penalty level action.

BP killed countless small businesses in the Gulf Coast's seafood and tourist industries. They deserve the death penalty. The other drilling companies are innocent. They should be compensated also, just like the tourist and seafood industries.

30 posted on 08/21/2010 6:26:48 AM PDT by Willie Green (Go Pat Go!!!)
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To: Willie Green

Drivel..... Those businesses will be compensated by BP

The businesses Obama et al killed will be dead with no compensation.

You are badly wrong on this issue and should just quit while you are not so far behind

By the way, the sea food business is back with a clean bill of health. The drillers may never recover.

I expect that being pro rail transfers to being anti car and anti oil. That is a losers position and places you squarely in the wacko greenie camp


31 posted on 08/21/2010 6:32:24 AM PDT by bert (K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming)
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To: bert
I expect that being pro rail transfers to being anti car and anti oil.

That's a silly supposition, bert.
As an engineer, I'm merely anticipating the shift in market demand for transportation technologies due to trends in resource availability.

You OTOH, seem to be a political dinosaur stuck in the 20th Century and unable to evolve/adapt to face the challenges that we're being presented with in the 21st Century.

32 posted on 08/21/2010 7:11:41 AM PDT by Willie Green (Go Pat Go!!!)
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To: Willie Green
As an engineer, I'm merely anticipating the shift in market demand for transportation technologies due to trends in resource availability.

You sure it doesn't mean "Fan of the engineering firms that perform exotic, lengthy and outcome-preordained studies deamnding a greater pubic transportation industry" ?

The only "trend in resource availability" we're seeing here is the goobermint making resources less and less available, artificially, so as to further socialism and goobermint control.

33 posted on 08/21/2010 8:46:11 AM PDT by jimt
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To: jimt

Yes jimt, BP has proven that the Oil Industry is incapable of responsible self-regulation.


34 posted on 08/21/2010 9:17:48 AM PDT by Willie Green (Go Pat Go!!!)
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To: Willie Green

.....You OTOH, seem to be a political dinosaur stuck in the 20th Century......

Loudly spoken by one who like the Associated Press insists on forcing a 19th century concept in to the present and betond.


35 posted on 08/21/2010 10:02:51 AM PDT by bert (K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming)
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To: bert
Loudly spoken by one who like the Associated Press insists on forcing a 19th century concept in to the present and betond.

A 19th Century concept upgrade to 21st Century performance standards.
The predicted benefits are well documented and reliable.

(Unlike the libertarian twits who pray and chant for some mystical "invisible hand" to bring them economic salvation.)

36 posted on 08/21/2010 10:25:10 AM PDT by Willie Green (Go Pat Go!!!)
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