Billy Tauzin and Jim Brown LIVE

Thursday, 09 December 2010 18:46
New Orleans Groups Say DeFacto Gulf Oil Drilling Moratorium Continues
Written by 

According to two New Orleans business organizations, the defacto Gulf of Mexico oil drilling moratorium continues despite the lifting of the moratorium imposed by the Obama Administration earlier this year.

Greater New Orleans, Inc. released the fourth installment of the Gulf Permit Index (GPI) to the public. When the federal government announced that it would lift the Deep Water Drilling Moratorium on Tuesday, October 12, the Business Council of Greater New Orleans and the River Region, and GNO, Inc. issued the following statement:

"We will be tracking and reporting on shallow- and deep-water permit issuance. Bi-weekly, we will issue a report that will compare the number of permits issued, versus historical rates. If there are delays, we will investigate and report those findings, as well."

Earlier this week, Director of the Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) Michael Bromwich, while answering questions at the International Offshore Oil and Gas Law Conference, stated that no de facto moratorium exists.

"BOEMRE must not be paying attention to its own data," said Gregory Rusovich, Chairman of the Business Council of Greater New Orleans and the River Region. "We’ve seen one new deep-water permit approved in the two months since the so-called end of the federal moratorium. The historical monthly average for approved permits for new deep-water wells is 5.8. The difference between what BOEMRE says and what is reality is, sadly, substantial."

Continuing the commitment to track permit issuance in the Gulf of Mexico, GNO, Inc. updated the index to reflect changes that have occurred in the two weeks since the third installment of the GPI was issued on Wednesday, November 24.

"Shallow-water permit issuance rates over the past three months still significantly lag historical averages, and the deep-water permits are not experiencing an upward trend at all," said Michael Hecht, President and CEO of GNO, Inc. "The overall permitting process is taking entirely too long. What was once a matter of days and weeks is now a matter of months. Until BOEMRE takes serious steps toward progress, our region faces unnecessary economic hurdles."

Only one deep-water permit has been issued in the two months since the end of the federal moratorium. The deficit from the historical average of 5.8 is 5.3 permits per month, representing a 91% decrease in permit issuance.

Shallow-water permit issuance also lags behind the historical average of 7.1 permits per month. Over the past three months, only 4.67 shallow-water permits have been issued each month. The deficit represents a 34% decrease in permit issuance.

Charts tracking approved new permits for deep- and shallow-water permit issuance are below. Raw data on number of permits issued each month is taken from the BOEMRE website. Research and analysis is performed by GNO, Inc. staff members.

GNO, Inc. will continue to monitor the number of drilling permits being issued by BOEMRE. The organization will report on its findings every two weeks with updated GPI reports.

Login to post comments
  • Despite 5th plea, Schiff says House Intelligence Committee pursues Flynn's documents
  • Facebook Live: Discuss harm of Trump budget proposal on Louisiana coastal economy, restoration
  • Governor Edwards welcomes Pence with Medicaid, budget, Louisiana coast wishlist
  • World Premiere tonight in N.O. Bilderberg, the Movie

flynn2Despite General Michael Flynn’s announcement via his counsel that the General and former head of National Security, would take the 5th Amendment in Congressional proceedings, the Intelligence Committee will pursue information, regardless.

Read More

560 usgs land loss map 2The efforts to rebuild the Louisiana coast has suffered a major and immediate setback, assuming that Congress goes along with the most recent budget proposal from President Trump.

Read More

penceToday, Governor John Bel Edwards welcomed Vice President Mike Pence to Louisiana as he Veep is attending a event with top Louisianqa Republican officials. Along with the welcome, however, is a wishlist of requests including an item of recent vinctage involving the current Trump budget which tears a hole into the funding for the Louisiana coastal restoration. 

Read More

bilderbergIt is always an honor when a movie premiere is held in New Orleans and tonight is no exception. At 7:30 p.m. Bilderberg, the Movie will premiere at the historic Prytania Theatre, 5339 Prytania Street.

Read More

latter-blum2

Sen. Appel talks budget, economy

TRUMP TALK

Dead Pelican

Optimized-DeadPelican2 1 1