Up to 20 oil rigs could leave the Gulf of Mexico, in addition to the 11 that have already left, since the Obama Administration imposed a moratorium on deepwater oil and gas drilling in May 2010. Sen. Vitter asks about the impact on small business, and the cost of green lawsuits in letter to feds.
Louisiana employers impacted by the British Petroleum oil spill last April are set to be relieved from the costs connected with unemployment benefits. Sen. Neil Riser (R-Columbia) has introduced SB 121, which would alleviate the financial burden for innocent third parties.
If the Obama Administration actually favored increased production in the Gulf of Mexico, it would be happening Don Briggs, president of the Louisiana Oil and Gas Association (LOGA) told audience members at luncheon held in New Orleans. “Louisiana is the Aorta of America,” he said in his talk. But a change in Administration is needed.