Friday, August 13, 2010

From Heritage Foundation


If the President really wanted to see the economic damage his policies are causing in the Gulf, he could first stop in Pascagoula, Miss., where idle oil rigs in the Signal International shipyard have formed an eerie floating ghost city that locals have dubbed “Rig Row.” Instead of being deployed at sea where they could be creating wealth for this country and jobs for Gulf residents, these rigs are wasting away idly in port as a direct result of President Obama’s oil drilling moratorium – a moratorium that when first issued on just deep sea rigs, a federal judge ruled was “arbitrary and capricious.” Undaunted, the Obama administration doubled down, issuing a broader oil drilling injunction that is killing even more jobs than the first ban.

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