Remember that Drilling Moratorium that PBHO wants?

Well, it looks like the casualty numbers are in if this moratorium is passed.

Is there any doubt as to why Obama wants to pass a moratorium?

This analysis estimates the impacts on the US economy should deepwater development in the GOM cease due to sub-economic returns. The economic impacts reveal that a complete shut-down of deepwater drilling would:

• Reduce direct and indirect employment in the oil & gas and its service industries by 93,000 jobs 1 – every year through 2035.
• Reduce an additional 82,000 jobs every year through 2035 in non oil & gas related industries due to less income in the economy.
• Reduce annual GDP by over $20 billion per year or a cumulative impact of approximately $500 billion in the next 25 years.
• Reduce long-term U.S. oil production by 27 percent. Increase long-term U.S. foreign oil imports by 19 percent

But hey, it's just a few jobs for preventing an environmental issue, right?



And now that's they found a second oil leak in the gulf...

"It's apparent that some type of vessel has hit the well head, has laid it over," said Donald Nalty, COO of oil spill cleanup contractor ES&H, who just returned from a flyover of the site in single engine seaplane. "It's probably about a four inch casing and it's spewing out oil and natural gas."

I guess we have to ban boats in the Gulf too now?  I mean if deepsea drilling caused the first leak and a vessel hit the pipe to cause the second... logic suggests you ban all boats!