Cost-Free Job-Creating Idea No. 30: Stop de-capitalizing domestic energy production in the Gulf of MexicoIf the Interior Department would resume deepwater exploration plan and permit approvals to their historic norm, industry could create an additional 23

Reader comment on: Cost-Free Job-Creating Idea No. 30

Submitted by Hillary (United States), Oct 28, 2011 12:22

If the Interior Department would resume deepwater exploration plan and permit approvals to their historic norm, industry could create an additional 230,000 thousand jobs, more than $44 billion in U.S. GDP and nearly $12 billion in tax and royalty revenues — all in the first year, according to a recent study by IHS Global Insight.

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