Voices from the Gulf

Posted

May 23, 2011

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Last year, the Obama administration imposed a drilling moratorium in the Gulf of Mexico. This shut down all drilling and froze all permits to drill new, deep-water wells. After six months, the moratorium was lifted, but nothing changed. It was only after the loss of tens of thousands of jobs and skyrocketing gas prices did the Obama administration began approving a handful of permits. This lack of new energy exploration is devastating our energy industry and is impacting the entire U.S. economy.

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Voices from the Gulf · The Heritage Foundation · Sentinel