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Larger impact to Louisiana economy

Posted on 5/27/10 at 12:43 pm
Posted by ThatsAllSheWrote
Member since Aug 2005
1245 posts
Posted on 5/27/10 at 12:43 pm
Shutdown of seafood industry or shutdown of offshore drilling operations in the GOM? Anyone have any $ figures on these industries and what they mean to LA?
Posted by LSUis0ver9000
Member since Apr 2010
2438 posts
Posted on 5/27/10 at 12:48 pm to
LINK
quote:

The Obama administration plans to announce on Thursday a suspension of offshore oil drilling in the Arctic until 2011 as a result of the Gulf of Mexico oil spill, an Alaska senator said.
Posted by halleburton
Member since Dec 2009
1519 posts
Posted on 5/27/10 at 12:49 pm to
Seafood industry will affect more people, not sure about $.
Posted by LSUis0ver9000
Member since Apr 2010
2438 posts
Posted on 5/27/10 at 12:51 pm to
quote:

This comes amid deepening frustration and criticism of the administration’s handling of the crisis. Mr. Obama’s order is intended to halt further permits for new wells for six months, delay planned exploration in the Chukchi and Beaufort seas off the coast of Alaska, cancel an August lease sale in the western Gulf and cancel a lease sale off the coast of Virginia, said a White House official who spoke on condition of anonymity before the formal announcement.

The Virginia lease sale had drawn environmental concerns and objections from the Defense Department. The Alaska project will be delayed for six months while a new presidential commission studies how to regulate offshore drilling.

LINK
Posted by LSUis0ver9000
Member since Apr 2010
2438 posts
Posted on 5/27/10 at 12:53 pm to
i think i'll take 1-2 years to clean up but BP is PAYING for the shrimpers. Do you think they're not going to pay? it's pocket change to them IMO
Posted by ThatsAllSheWrote
Member since Aug 2005
1245 posts
Posted on 5/27/10 at 1:02 pm to
quote:

Do you think they're not going to pay?


Just seeking some answers in all of this. In my opinion the best way to get to the truth is look for the money. Just trying to gage which industry is more important to the state from an monitary standpoint.
Posted by MoreOrLes
Member since Nov 2008
19472 posts
Posted on 5/27/10 at 1:04 pm to
We can accept losing neither as we need BOTH.
This post was edited on 5/27/10 at 1:05 pm
Posted by ThatsAllSheWrote
Member since Aug 2005
1245 posts
Posted on 5/27/10 at 1:07 pm to
quote:

We can accept losing neither as we need BOTH.


Agreed. I know these two industries can coexist but this disaster definitely highlights a conflict. Anytime there is a conflict there has to be a winner and a loser.
Posted by oilfieldtiger
Pittsburgh, PA
Member since Dec 2003
2904 posts
Posted on 5/27/10 at 1:14 pm to
i would suspect that the # of commercial fisherman and trawlers << the oilfield related personnel.

it's not just people offshore -- it's the people working in the shops, the machine shops that supply individual service companies, the truckers that haul stuff to the docks, guys working on the boats, guys working the docks, and service hands.

the people that will be hurt by this are not BP, Chevron, Shell, Exxon -- it will be those guys. who while they may not get laid off, their hours / checks will likely be cut.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 5/27/10 at 1:18 pm to
quote:


it's not just people offshore -- it's the people working in the shops, the machine shops that supply individual service companies, the truckers that haul stuff to the docks, guys working on the boats, guys working the docks, and service hands.


Not to mention shipyards, offshore construction companies, rental equipment, caterers, tools yard, pipe yard, metal/iron yard, etc....
Posted by CrazyTigerFan
Osaka
Member since Nov 2003
3273 posts
Posted on 5/27/10 at 1:46 pm to
I don't know that there's any real way to quantify it, but it certainly is an interesting question.

As has been said, the oil industry supports a lot of ancillary jobs. Posts before this one mention many of these positions.

The seafood industry does as well, though. You're not just talking about the people going out in the boats to get the shrimp, oysters, crabs, etc. You're talking about the marinas they run out of and the people who work there (and deliver supplies to there), the people who transport the seafood to the markets, the people who work in the markets, the restaurants who buy the seafood and all the people who work in that area. There's the recreational fishing side of things, too. The people who sell and service boats, trailers, motors, parts, the rods, reels, nets, and other equipment, the marinas where those boats launch from, the camps that are constructed and outfitted, and on down that chain.
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