The Economic Costs of the Moratorium

The Economic Cost of a Moratorium on Offshore Oil and Gas Exploration to the Gulf Region

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Decreased investments in offshore oil and gas production will cause substantial losses in wages and employment, and will have profound effects on communities throughout the Gulf.

“The Six-Month Moratorium on Offshore Drilling Activity will Cost More than $2.4 Billion in Economic Activity Nationwide, and $1.8 Billion in Gulf communities”

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    Gulf coast residents share how the moratorium affects their lives and businesses.