Free Markets, Free People
Administration knew drilling moratorium would cost 23,000 jobs
In the middle of a recession, with joblessness hovering around the 10% mark, the Obama administration made a deliberate decision to impose a drilling moratorium knowing it would cost at least 23,000 jobs. Why?
Senior Obama administration officials concluded the federal moratorium on deepwater oil drilling would cost roughly 23,000 jobs, but went ahead with the ban because they didn’t trust the industry’s safety equipment and the government’s own inspection process, according to previously undisclosed documents.
Never mind the fact that an event like this had never happened before in deep water. Never mind there were hundreds of deepwater wells functioning properly and well. Never mind that those jobs were well paying jobs and that through their elimination would cause ripple-effect unemployment down the supply chain.
Instead, deliberately trash the lives of 23,000 workers – and their families – because of unfounded fears.
Yeah, that’s leadership, isn’t it?
Asked to comment, a White House spokesman said the administration "well understood, and understands, the enormous importance of oil and gas to the region’s economy," but the potential economic risks from another spill to other elements of the Gulf economy—such as fishing and tourism—also informed the administration’s deliberations, "especially as spill-response resources were fully engaged to address the BP Deepwater Horizon spill."
What “potential economic risk”? What was the “potential” for another such freakish accident? Well the history of deepwater drilling says not very high at all. And while I have some sympathy with the “our spill-response resources were fully engaged”, there were certainly ways to ensure that other operations were safe and following approved drilling procedures.
You know, like put freakin’ inspectors on the deepwater drilling rigs full time to ensure those procedures were followed to the letter. Yeah, a bit of an imposition on the inspectors, but it would have saved 23,000 jobs. So you tell them to suck it up or you’ll find someone who will.
Wondering: do these jobs go in the negative column of the jobs “created and saved” the Obama administration?