The people of Louisiana have suffered a lot of catastrophes: the BP explosion, fishing industry's down, the tourism industry is down. Now, to add insult to injury, we have the moratorium which is costing thousands of jobs in Louisiana. What's the result? Three deepwater drilling rigs to be moved from sites south of Cameron Parish. First rig sails away over drilling ban to Egypt. Brazil sees silver lining in BP spill: more rigs. Mr. Speaker, where are the jobs? Well, in the deepwater drilling they're going to be moved to other nations.
Editor's note · Context
The speaker addresses the economic impact of the moratorium on deepwater drilling in Louisiana.
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