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re: Oil Spill Threatens to Choke Gulf Region's Economic Recovery

Posted on 6/9/10 at 12:30 am to
Posted by sheek
The Woodlands, TX
Member since Sep 2007
43895 posts
Posted on 6/9/10 at 12:30 am to
Mud the oil and gas is much bigger, provides a bigger econmic impact, not to mention the billions It generates in federal revunue.

I know you are anti oil and gas, but shutting down a portion of the activity will impact around 39,500 jobs. this will make 1986 look like a walk to church. Louisiana will be fricked. And when oil is down, people fish, and when it is up, they are offshore.

We have been isolated from the recession, but pretty soon we will have a feel of detroit sooner rather than later.
This post was edited on 6/9/10 at 12:33 am
Posted by knockers
Austin
Member since Dec 2009
464 posts
Posted on 6/9/10 at 12:43 am to
Absolutely. Guess that is the price we pay for being a right to work state. Barrys gonna make us pay. Gonna kill all the small businesses. The big boys will just go over seas.
Posted by Mudminnow
Houston, TX
Member since Aug 2004
34150 posts
Posted on 6/9/10 at 9:05 am to
quote:

shutting down a portion of the activity will impact around 39,500 jobs


I've been looking to see how many jobs will be impacted by the moratorium on new deepwater wells and havent seen much. Where did 39,500 come from?

quote:

We have been isolated from the recession, but pretty soon we will have a feel of detroit sooner rather than later.
Yes we have mainly due to the 191 Billion the feds pumped in for Katrina which the money is still being used in many of BR construction projects.

This will equal a detroit recession or cleveland, OH, or pittsburgh? We are talking hundreds of thousands of jobs when just the big three closed a few plants.

In my parents place of residence, 2 ford plants closed completely, 20K workers gone, 10K worker steel plant closed, many smaller steel plants closed, as a result many left so a hospital closed. 75% of the homes in my parents subdivision were on foreclosure and this is white surburbia.

If the moratorium on new deepwater drilling wells is going to cause this kind of damage, then the country is in serious trouble.
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