Jindal says banning drilling will cost thousands of jobs

June 4, 2010 04:19


If the ban continues for an “extended period,” Jindal said, the state could lose up to 20,000 existing and new jobs by next year.

By Ben Rooney at CNN

NEW YORK (CNNMoney.com) — The White House responded Thursday to concerns that the ban on drilling for oil in the deep waters of the Gulf of Mexico will cost the region thousands of jobs.

“The six month moratorium on deepwater drilling was instituted for a clear reason,” White House spokesman Ben LaBolt told CNN. “The President believes we must ensure that the BP Deepwater Horizon spill is never repeated.”

But Louisiana Governor Bobby Jindal said that prohibiting deepwater drilling could cost the state up to 6,000 jobs this month, and 10,000 jobs over the next few months, in a letter sent Wednesday to president Obama.

If the ban continues for an “extended period,” Jindal said, the state could lose up to 20,000 existing and new jobs by next year.

The moratorium was extended last week from 30 days to six months pending the outcome of an investigation into what caused an oil rig operated by BP to explode and sink last month.

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