It is. Well, because they're not permitting. As you know, initially, the moratorium, over the advice of a number of scientists, was extended to both the shallow and deep waters. And then it was lifted in the shallow waters. But no permitting has really--no permit of significance has occurred. So those rigs are idle and going away. Now the whole moratorium was stayed by the Federal courts and the new moratorium now was put in place. Shallow and deep waters are essentially shut down. And, again, what that means to the rest of America is that workers' jobs are shut down, the ability to provide energy supplies for America is shut down, and our dependence on other countries for our daily energy needs is increased every day because of our wrong-headed government policy.
Kevin Brady: “It is. Well, because they're not permitting. As you know, initially, the moratorium, over the advice of a number of…”
Editor's note · Context
The speaker addresses the impact of the moratorium on energy production and job loss in America.
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