About the argument that Obama's deep water drilling moratorium was going to ruin Louisiana's economy, and put many thousands out of work?
So much for scare tactics by oil company shills.Here, on what people have recently dubbed "Rig Row," the moratorium is creating an arresting visual, even if its economic and emotional impacts are still a bit fuzzy. Only two of 33 deepwater rigs in the Gulf have left for foreign oilfields, and the predictions of tens of thousands of lost jobs across the region have yet to materialize.
Since the Louisiana Workforce Commission started asking the question June 13, 486 people have filed new unemployment claims that say the moratorium cost them their jobs.
However, weekly unemployment claims data in the mining industry sector, which comprises primarily oil- and gas-related jobs, have shown no noticeable spike since the moratorium was declared May 28. Overall employment data in coastal parishes also show little change since the drilling ban.
Article is here.