June 22, 2010

LOOKING AT the downsides of the drilling moratorium: “Offshore drilling in the Gulf of Mexico is an industry that, like fishing, provides the livelihood for many people along the coast. The six-month moratorium on exploratory drilling will cost workers as much as $330 million a month in lost wages, according to the industry. Even with the costs of the oil spill pushing past $2 billion already, will the moratorium ultimately outweigh the benefits?”

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