November 3, 2011
Jobs & Revenues Lost on Gulf Permit Delays
Lori Leblanc, HoumaToday
It's been more than a year now since the moratorium on deepwater drilling was lifted, and federal permitting for drilling in the Gulf of Mexico continues to greatly lag behind America's demand and capacity for domestic energy development. Unfortunately, Americans are losing out on important job opportunities and tax revenue that a more robust permitting process would create.
TAGGED: oil industry, government regulations, offshore drilling, Gulf of Mexico