I am far from an expert on this and am not going to comment one way or the other if the current scope of the moratorium is appropriate. What I know is that the ripple affect in the community has been substantial. This past week there was a rally in our city and these signs were seen all over town. The top one greeted you at the airport as you flew in. The crane was one that I saw today on the morning drive for coffee and donuts.
- Here is a link to a Wall Street Journal article that discusses the rally held this past week.
- According to this article, the parish I live in boasts Louisiana's highest concentration of workers who are dependent on oil- and gas-related businesses. In addition, oil and related industries account for 40% of the parish's economy and about a third of its jobs. That should give you an understanding of why this is such a big deal here.
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One of the comments made at the rally, that I believe came from the Plaquemine Parish President, was that the gov't never considered the economic impact the moratorium would have when passing it.
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