19,000 jobs and a billion plus in wages lost since drilling moratorium
posted on March 22, 2011 by Bruce McQuain
Meanwhile, President Obama was in Brazil telling the Brazilian people how he just couldn’t wait to help them drill for oil off their shore and, by the way, we’d probably be one of their best customers.At least 13,000 jobs have been lost since last summer’s moratorium on offshore oil production, surpassing projected job losses in a 2010 study by thousands, according to the Louisiana State University professor who authored the study.
Joseph Mason, author of “The Economic Cost of a Moratorium on Offshore Oil and Gas Exploration to the Gulf Region,” estimated that the new
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