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Vitter: Obama drilling ban to cost 144,000 jobs |
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Written by Editor
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Monday, 19 July 2010 06:54 |
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Louisiana Sen. David Vitter on Sunday warned that the Obama administration's offshore drilling moratorium could end up costing more jobs than the BP oil spill.
The Republican senator, one of several local officials who's been outspoken in opposition to the suspension on Gulf drilling, told "Fox News Sunday" that 140,000 jobs or more are on the line as the administration continues to fight for a six-month drilling ban.
"That hasn't materialized yet, but it's quickly beginning to," Vitter said.
The Obama administration last week issued a revised plan to halt deep-water offshore drilling after a federal appeals court struck down the original six-month moratorium. The administration claims it needs time to review safety measures to ensure there are no more disasters like the deadly Deepwater Horizon rig explosion that triggered the BP leak on April 20.
But industry officials and Gulf Coast lawmakers say local workers can't take that kind of hit and that by the time the ban is over, some companies will have moved their business overseas.
Read complete article at Fox News.
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