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To: gidget7

“Gulf coast folks yes, but a 6 month moratorium will kill the entire country. People who have jobs will not be able to afford the gas to get there. Truckers will not be able to make deliveries. The price will spike on all energy.”

I suspect you are wrong. The moratorium is not on production. Production from the Gulf will continue, drilling at depths below 500 feet will not. If it is just 6 months, I doubt that overall, worldwide production will suffer much, but admittedly I am no expert.


73 posted on 06/22/2010 7:03:39 PM PDT by olrtex
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To: olrtex

You’re wrong. Deep water drilling accounts for 32% of our domestic oil production and 11% of domestic natural gas production. The moratorium would be very painful to all Americans.


137 posted on 06/22/2010 8:08:42 PM PDT by CWW (Pray for God's Protection!)
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