Joseph Cao: “The oil disaster in the Gulf of Mexico has caused great economic impact to my district. Hundreds of businesses have…”

“The oil disaster in the Gulf of Mexico has caused great economic impact to my district. Hundreds of businesses have closed and thousands of people are out of work. The moratorium imposed by the administration potentially can also cost Louisiana thousands of jobs, yet there is a very simple solution to allow the administration the time that it needs to review the safety and to implement procedures for the deep oil industry and at the same time preserve the jobs in Louisiana: Allow the oil companies to do partial drilling; allow them to drill, but do not allow them to tap into the reservoir. Modern technology allows companies to know exactly where the oil is. What this partial drilling does is preserve the jobs in Louisiana during a time when we need the amount of revenue that the State needs to sustain its economy to help the people to bring about the livelihood.”