
Only one day after posting an analysis of the entire off-shore drilling debate in the United States, the moratorium put into effect last spring by President Obama regarding the Gulf Coast has been lifted nearly a month in advance. This executive move came after months of heavy pressure and criticism from the Gulf region and the oil industries. The moratorium not only quieted the thirty-three oil wells, but it also substantially hurt the surrounding community because of integrating professions. For example, the helicopters used to transport workers to the rigs, and the catering companies that fed the workers have also been out of work since the ban went into effect.
While the moratorium has been lifted, it will likely be months before drilling begins again. The government has placed new restrictions and guidelines for new drilling permits. These rules address where oil can be drilled, and safety measures each rig must have in place. These rules are new and the oil industry will need awhile to adjust and understand them. Before the Deepwater Horizon spill, an average of 10-14 drilling permits were issued each month. However, since the moratorium was put into effect, only 12 have been issued.
The BP oil spill was catastrophic for the Gulf Region and has changed the oil industry forever. The government has decided to take more risks and allow off-shore drilling despite what has happened in the past. Hopefully though, even if the government did not learn from the Deepwater Horizon spill, other oil companies did and they will take more precautions.
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