The Labordes, in their letter to their senators, wrote: “To shut down the entire industry is overkill and analogous to shutting down all commercial air traffic after one plane crash due to pilot error.” The Labordes also wrote,
Over the last three years, we have built in U.S. shipyards or acquired new U.S. built and flagged vessels primarily designed to service the deep water drilling market. We own and/or operate 21 vessels. Our annual payroll is over $14 million. Now, the U.S. government is telling us to simply ‘park’ our vessels for at least six months. Never in the history of the United States has the government decided to shut down an entire industry for six months. That decision seems to be a knee-jerk reaction based on an emotional response to the spill, and made without a full appreciation of the consequences which will adversely impact tens of thousands of hard working people who are engaged in the industry. It is a decision that advances the Administration’s agenda for transferring to a clean/alternative energy economy, but at an enormous cost to the thousands of us engaged in offshore exploration and development.
If the moratorium on deep water drilling is not lifted, the 33 semi-submergible rigs and/or drill ships will simply go to other countries where they will be well received [and] will not return to the Gulf of Mexico for years if ever. The damage to our industry will be irreversible….For us to move internationally, we will have to compete with vessels built in foreign yards at a much lower cost and often subsidized by foreign governments. It will not be a level playing field. The moratorium may well be the death-knell for U.S. businesses engaged in the energy service sector….While alternative energy is a laudable goal, it will be decades before alternative fuels make a dent in our county’s needs….This is the United States of America, where reason and sound judgment have always been the foundation of our system of government—not poorly thought-out and capricious reactions that destroy the livelihoods of thousands of its citizens in order to promote a partisan political agenda….”
By siding with liberal Democrats who oppose off-shore drilling or even much safer drilling on the continent, Obama is costing the nation trillions in revenues and scores of thousands of new jobs. Meanwhile, his pal and sponsor, George Soros will see his investment in Brazil’s Petrobras turn a pretty profit when oil prices rise, as surely they will if U.S. resources are not tapped. The American Petroleum Institute estimates that we have U.S. resources to generate nearly 160,000 new, well-paying jobs and $1.7 trillion in revenues to federal, state, and local governments, with $1.3 trillion from offshore drilling alone.
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