Home > blog > Page
Charts Show Historic Drop-Off in Issuance of New Drilling Permits in the Gulf
Posted by Neal Kirby on January 25, 2011
Greater New Orleans, Inc. recently released a Gulf Permit Index (GPI) that shows the Obama Administration is in no hurry to issue drilling permits in the Gulf of Mexico and end the de facto moratorium that has left thousands of Americans out of work.

GNO, Inc. found that to date only two deep water permits have been issued since the deep water drilling moratorium was officially listed last October. In addition, shallow water permit approvals have been far below average since the Deepwater Horizon incident last summer.

Every day America’s drilling rig platforms sit idle in the Gulf, 80,000 barrels/day, or four percent of 2011 total production is lost, putting good-paying American jobs in jeopardy.

The charts below show a dramatic decline in the issuance of deep and shallow water permits.

GPI as of January 18, 2011

    Post a Comment
    Fill out the fields below to submit a comment

    Latest News

    Bishop, Amata: Hawaii Marine Monument Expansion is Unjustified, Devastating for Local Economies

    Today, President Barack Obama expanded the Papahānaumokuākea Marine National Monument off the coast of Hawaii by 442,781 square miles. Natural Resources Committee Chairman Rob Bishop (R-UT) and Congre...... Read more

    Bishop: National Park Service Centennial Serves as an Opportunity to Address Management Challenges

    House Committee on Natural Resources Chairman Rob Bishop (R-UT) issued the following statement commemorating the Centennial of the National Park Service: “Our national parks are a uniquely American co...... Read more

    President’s Maine Monument Decree Subverts Representative Democracy to Advance Elite Special Interests

    Today, President Obama, despite opposition by Maine’s local residents and elected officials, unilaterally created a national monument in Maine’s North Woods. House Committee on Natural Resources Chair...... Read more

    View All News

    Calendar

    No upcoming scheduled events

    View All Events