Oil Spill Threatens to Choke Gulf Region's Economic Recovery

That translates to more tourists up here in East Tennessee which is good for the economy here. You have to try and find the silver lining in this disaster. It's there if you just look.

Odd that you don't mention the moratorium.

quote:

---

Odd that you don't mention the moratorium.

---

Honestly, its very little when you compare that to $60 billion tourism, but the OP does have an agenda.

quote:

---

Honestly, its very little when you compare that to $60 billion tourism,

---

coupled with the billions in losses by commercial fishing, coupled with the loss of service by the environment...hundreds of billions of dollars.

The moratorium affects a small subset of the population compared with these far reaching effects.

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.

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.

quote:

---

Oil Spill Threatens to Choke Gulf Region's Economic Recovery

---

Oil Spill Encourages Massive Alternative Energy Businesses Development in Gulf Region

FIFY

quote:

---

what the hell is in Tennessee

---

Mountains with trails to hike, rivers to raft, grounds to camp, lakes to fish, and fun friendly people. Not to mention Nashville and Chattanooga.

quote:

---

Where did 39,500 come from?

---

Mid Continent Association(O&G), check this past Sunday Advocate out. The initial impact will be 7800 jobs in oil and gas, but there is a domino effect with 2nd line employees that work for O&G service companies that will receive an impact in the tune of 10000 employees, and the remaining are the companies like caters, etc. We will have a pretty big blow to this and the reality is the operators have to make money for their shareholders which is why these are pulling up camp and heading to West Africa. Good luck if you think these rigs will come back and if and when they do it will be years.

i'm not looking to get into an argument w/ you, because i know where you stand on all of this; however, this is the reality of the situation for those of us in the oilfield.

the vast majority of new activity and $$$ spent in the gulf of mexico these days is associated w/ deepwater drilling. this includes the # of rigs working, the # of hands working on those rigs, the # of workboats servicing those rigs (specifically chouest), the # of dock workers servicing those boats (like basically all of fourchon and cameron), the service hands and associated shops supporting those deepwater projects (like the hwy 90 corridor), the # of 3rd party shops servicing the main shops, and all the truckers hauling this stuff down to the docks.

think of it this way. sit by hwy 90 and watch all of the 18 wheelers go by. then figure that about 90% of those trucks are hauling oilfield related items. then figure that probably 60-75% of those trucks are associated w/ deepwater activity.

now remember that each of those truck loads has several hundred people's jobs directly associated w/ that load. let's say for example it's a load of drill pipe -- there's the rig w/ ~400 guys total over 4 crews that handle the pipe, there's the trucker hauling it, the boat carrying it offshore w/ a crew of about 30 over 4 crews, the inspection yard of 30 or 40 guys that inspected it, the machine shop or repair facility of 30 or 40 guys that worked on it, and the 5 or 6 guys at the dock that will handle this specific load. all of these dudes have decent jobs, and all of these dudes live in the same general area, and spend money. so what happens when a sizable percentage of these guys stops drawing a check and cuts down on spending?

i'm not arguing about the moratorium w/ you, we just have to agree to disagree on that. i'm just saying this moratorium has the potential to effect every single person from in SLA and Mississippi, even if they are not even indirectly associated w/ oil & gas.

where we have an advantage over the manufacturing base of the upper midwest is that there is at least the chance that some of the skilled guys can follow the work overseas.