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Interesting article on moratorium
Posted on 6/7/10 at 2:12 pm
Posted on 6/7/10 at 2:12 pm
LINK
quote:
And while the people who live here are as sickened as anyone by the oil gushing into the Gulf of Mexico and seeping into their bayous, they are equally upset by the moratorium placed on the oil rigs they serve.
quote:
Each year, the U.S. Treasury rakes in $5 billion to $7 billion in royalties from Gulf of Mexico oil and gas, an amount the port executive says is second only to what the Internal Revenue Service brings in. CNN confirmed that those royalty figures are accurate and the statement about the IRS was, at least until 2004. But even if that's no longer the case, it's still a lot of government money, and Lafourche Parish officials warn that lost royalties may mean slashed funds to support, maintain or expand bridges, roads and schools across the country.
quote:
Whether it's the simple pleasures of recreational fishing or the necessity of work to pay bills, people in this southern Louisiana parish are facing immediate losses. But to hear it from them, Americans who've never seen oil rigs while trawling bayous will soon have plenty to mourn themselves.
2
Posted on 6/7/10 at 2:17 pm to EWE TIGER
they will not do anything till the press hits it hard, and the press wont harm on of their own 
Posted on 6/7/10 at 2:42 pm to EWE TIGER
finally someone is reporting on this. This article explains our predicament pretty well. Surprised it comes from CNN.
Be clear about this - this is Obama's dictate, not BP's. Shut down BP, Obama - not the whole GoM!
Be clear about this - this is Obama's dictate, not BP's. Shut down BP, Obama - not the whole GoM!
Posted on 6/7/10 at 2:44 pm to Debaser
quote:
not the whole GoM!
I thought it was for new deepwater leases only?
Are they shutting down all deepwater drilling activites currently underway?
Posted on 6/7/10 at 2:46 pm to Mudminnow
quote:
they shutting down all drilling activites
Posted on 6/7/10 at 3:00 pm to mylsuhat
quote:
they will not do anything till the press hits it hard, and the press wont harm on of their own
Thats why forums like this are so important, we have the ability to make a difference. Forward these articles and educate as many people as possible. We have all the power in the world in this we just need to harness it.
Posted on 6/7/10 at 4:15 pm to Mudminnow
They shut down ALL deepwater drilling in waters over 500 feet. Drilling commands the most resources, employs plenty of people and consumes a lot of supply dollars.
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