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Extending the Ban on Offshore Drilling May Halt both Job Creation and Economic Growth
Fully produced report in MP3 format:
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(OPEN):
THE AMERICAN PETROLEUM INSTITUTE IS WARNING THAT THE
OBAMA-ADMINISTRATION'S DECISION, ON WEDNESDAY [DECEMBER 1ST], TO
EXTEND ITS BAN ON OFFSHORE DRILLING COULD RESULT IN: THE LOSS OF
TENS-OF-THOUSANDS OF AMERICAN-JOBS; BILLIONS OF DOLLARS LESS IN
GOVERNMENT-REVENUES; AND AN INCREASING DEPENDENCE ON FOREIGN
ENERGY-SOURCES. A-P-I'S RAYOLA DOUGHER ["DEW-ER"]
HAS MORE...
(DOUGHER):
"AS OUR COUNTRY LOOKS FOR WAYS OUT OF THE HOLE OF LACKLUSTER
ECONOMIC-GROWTH AND JOB-CREATION, TODAY'S [WEDNESDAY'S] DECISION
SHOWS THAT THIS ADMINISTRATION WOULD RATHER KEEP DIGGING THAN TAKE THE
LADDER TO INCREASED ECONOMIC-PROSPERITY [THAT'S] OFFERED BY DEVELOPING OUR
NATION'S DOMESTIC ENERGY-RESOURCES. THE OIL-AND-NATURAL-GAS INDUSTRY
IS A RELIABLE VEHICLE FOR GROWING THE ECONOMY--AND CREATING GOOD-PAYING
JOBS. THIS DECISION SHUTS THE DOOR ON NEW DEVELOPMENT OFF OUR NATION'S
COASTS--AND EFFECTIVELY ENSURES THAT NEW AMERICAN-JOBS WILL NOT BE REALIZED:
IT WILL STIFLE INVESTMENT; DENY BILLIONS IN REVENUE FOR CRITICAL
GOVERNMENT-SERVICES; AND INCREASE OUR DEPENDENCE ON FOREIGN ENERGY-SOURCES.
THE OIL-AND-NATURAL-GAS INDUSTRY IS COMMITTED TO SAFE AND ENVIRONMENTALLY
RESPONSIBLE OPERATIONS--AND BOTH THE INDUSTRY AND REGULATORS HAVE ADDED NEW
SAFEGUARDS, TO ENSURE SUCH OPERATIONS. THIS REVERSAL ON NEW
LEASE-SALES OFF AMERICA'S COASTS COMES ON TOP OF A DE-FACTO
MORATORIUM--WHICH HAS ALL BUT STOPPED NEW DRILLING IN THE GULF OF MEXICO."
(CLOSE):
FOR MORE INFORMATION, VISIT
"A-P-I"-DOT-ORG.
