A drilling moratorium aimed at big oil is a drilling moratorium aimed at local oil as well. That’s the message being sent by the Greater Lafayette Chamber of Commerce in Lafayette, Louisiana as they revive the “Energy Division” from several years of dormancy. Why now? According to The Daily Advertiser, …
The Obama administration’s recently re-imposed deepwater drilling moratorium is now reportedly stopping shallow-water drilling as well. The Louisiana Department of Natural Resources issued a release Tuesday showing that the moratorium has resulted in a near-total decline of approved shallow-water drilling permits: Approved permits for shallow water drilling in the Gulf …
Alan Sayre is a New Orleans-based business writer who works for The Associated Press. Today he published an analysis of the perfect job killing storm the Obama administration is creating in Louisiana: In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding …
Can it get any worse for the workers of Louisiana? In just a few short years, Hurricane Katrina devastated New Orleans and the region; BP’s oil spill wrecked havoc with the fishing and tourism industry; and the government’s drilling moratorium is about to impact a significant segment of the Louisiana …
The front page of USA Today claims: “President Obama’s attempt to use the Gulf of Mexico oil spill to help propel comprehensive energy legislation has failed.” Don’t believe it for a second. On Monday the Obama administration reissued a ban on offshore oil drilling in the gulf after federal courts …
NEW ORLEANS — In an ironic twist of fate, the chairmen appointed by President Obama to study the impact of the Gulf oil spill turned their attention to Obama’s own offshore drilling moratorium as a significant factor causing economic harm. Commission co-chairman Bob Graham, a former Democratic senator from Florida, …
Angry. That is the first word that comes to mind listening firsthand to how folks on the Gulf Coast feel about the federal government’s response the oil spill disaster. For many, this far worse than Katrina. That hurricane swept through three states in hours, covering thousands of square miles; wiping …
Every year, residents of the Gulf come to Morgan City, Louisiana to celebrate the lifeblood of the region’s economy: seafood and oil. This September marks the 75th anniversary of this symbiotic relationship. The Shrimp and Petroleum Festival emphasizes “the unique way in which these two seemingly different industries work hand-in-hand …
