Obama to force a Quarter Million Oil-Production jobs to be lost!

[melensdad]

Well looks like the gulf states may be losing a couple hundred thousand more jobs if Obama gets his way. Not only will hundreds of thousands of jobs be lost, but oil tax revenues will be lost, sales tax revenues will be lost, income tax revenues will be lost, and no doubt families and communities will be destroyed if President Obama's drilling moratorium is not stopped.

So far his moratorium on deep sea drilling was rebuked by federal courts, it was appealed and the courts again denied the moratorium. So rather than accept the laws of the land, President Obama invoked a NEW moratorium on drilling but didn't limit it to deep water.

So what happened, rigs are now leaving American waters and taking their jobs and taxes with them!

First rig sails away over drilling ban
Lawmakers and experts fear loss is only the start of offshore exodus
By JENNIFER A. DLOUHY
WASHINGTON BUREAU / First rig sails away over deep-water drilling ban | Business | Chron.com - Houston Chronicle
July 9, 2010, 8:28PM

WASHINGTON — Diamond Offshore announced Friday that its Ocean Endeavor drilling rig will leave the Gulf of Mexico and move to Egyptian waters immediately — making it the first to abandon the United States in the wake of the BP oil spill and a ban on deep-water drilling.

And the Ocean Endeavor's exodus probably won't be the last, according to oil industry officials and Gulf Coast leaders who warn that other companies eager to find work for the now-idled rigs are considering moving them outside the U.S.

Devon Energy Corp. had been leasing the Endeavor to drill in the same region of the Gulf as BP's leaking Macondo well, which has been gushing crude since a lethal blowout April 20.​

Oh this should make the environmental wackos so happy as they destroy the economy that pays their bills:

Another oil rig moves out of the Gulf
Associated Press
Published: July 13, 2010
Another oil rig moves out of the Gulf | NBC13.com

HOUSTON (AP) - Diamond Offshore Drilling has pulled another rig
out of the Gulf of Mexico due to the deepwater petroleum drilling
moratorium.

The Houston-based company said that it has ordered the Ocean
Confidence rig to the Republic of Congo. The rig departed the Gulf
over the weekend.

Diamond Offshore said it rewrote a drilling contract with Murphy
Exploration and Production Co. Its current contract with Murphy was
changed to a one-year commitment in the Gulf that will begin when
Murphy is confident it can get permits to drill.

In exchange, the companies signed a new agreement to drill off
the coast of the Republic of Congo.​

And then there are the politics played by our Obama administration, they are simply telling workers to move to foreign lands if they want jobs because there will be no jobs left here in the US.

The New-Old Drilling Ban
Salazar to Gulf workers: Move to Egypt.
The New-Old Drilling Ban - WSJ.com

When it comes to a showdown between jobs and ideology, the Obama Administration never fails to choose the latter. The latest example is Interior Secretary Ken Salazar's decision yesterday to reimpose a ban on Gulf drilling after the courts had declared his first moratorium illegal.

Federal Judge Martin Feldman in late June halted the Administration's six-month deep water drilling moratorium, saying it was arbitrary, ignored science and underestimated the economic harm to the Gulf region. Last week the Fifth Circuit Court of Appeals refused to reinstate the ban.

Mr. Salazar's response is to fiddle with the ban's details in the hope of passing judicial muster. Instead of banning all drilling deeper than 500 feet, he now bans all drilling by floating rigs (the only equipment that drills in deep water). He also set a firmer moratorium deadline of November 30. The bottom line is that deep water drilling remains off-limits for months to come.

Mr. Salazar hopes this ban will fly in the courts because he now has an "extensive record" showing that drilling "would pose a threat of serious, irreparable, or immediate harm or damage to the marine, coastal and human environment." None of that impressed Senator Mary Landrieu (D., La.), who slammed the new-old ban, pointing out that industry had safely drilled 42,000 other Gulf wells, making the BP spill the "exception." She also noted that the ban threatened tens of thousands of Gulf jobs.

Even as Mr. Salazar retooled his moratorium, the first deep water drilling rig was preparing to leave the Gulf in the wake of the U.S. ban. Diamond Offshore said it is relocating its Ocean Endeavour drilling rig to Egypt, immediately, in a contract that will run at least through mid-2011. Diamond CEO Larry Dickerson said "We greatly regret the loss of U.S. jobs that will result from this rig relocation."

No doubt Louisiana will, too, not that the Obama Administration seems to mind.

 

[rambone]

Green jobs = more people needed to send out welfare checks

 

[melensdad]

Green jobs = more people needed to send out welfare checks

Yup, when Spain tried to push a 'green jobs' agenda several years ago they found out that most of the jobs were lost inside Spain and the few that were created were created in other nations. Government sponsored green jobs are a recipe for economic disaster.

 

[johnb62]

Saw this on Fox News today. Pretty scary.

 

[5.56'aholic]

What do you mean going to? This situation was predicted a week or two after the passing of the drilling moratorium. Did the messiah and his cronies really think that the corporations who own these rigs would sit idle in the gulf awaiting approval from the chosen one? If it were me, I wouldn't have waited this long to start moving them out.

 

[melensdad]

As I understand it, each of those big offshore platforms employes 800 to 1000 people (on duty and off duty) plus there are literally THOUSANDS of jobs tied to each of those rigs as support crews ferry workers back and forth, ships take out food, medical supplies and equipment, then there are the jobs that come from the oil from those rigs! Refineries exist along the gulf ONLY because of those rigs, and the infrastructure to support those refineries, and the towns that live on the revenues from the jobs those refineries produce.

Honestly if Obama gets away with this it will be ECONOMIC DISASTER from Alaska to the gulf (realize his drilling moratorium is NOT just limited to the gulf of Mexico, it effects ALL the offshore rigs).

 

[ATOMonkey]

Elections have consequences?? WUT??? That's weird...

Disappointed? Yes.

Shocked or surprised? No.