Landrieu Responds To President’s State Of The Union Address
Sen. Landrieu said:
“In Louisiana, one of the most decisive steps we can take to put people back to work is to start again issuing permits for deepwater oil and gas drilling. Since the administration imposed the moratorium in May, five of the 33 deepwater platforms then operating in the Gulf have left for other parts of the world, putting the squeeze on supply and service providers and costing Louisiana and the Gulf Coast nearly 5,000 jobs. Since the administration lifted the moratorium in November, not a single new deepwater permit has been issued, leaving a large and significant segment of the oil and gas industry idle, even as gasoline prices continue to soar above three dollars a gallon as demand outpaces supply. If the president is serious about jumpstarting the economy and putting America back to work, taking immediate action to revive deepwater oil and gas drilling is an excellent place to start.
“I applaud the commitment the president made to fiscal responsibility tonight. When hard-working Louisianians everywhere from Lake Providence to Lake Charles and from Shreveport to Port Sulphur sit down and plan out their budget, they have to find a way to make ends meet. The federal government needs to do the same. We can’t continue to heap trillions of dollars of debt onto our children and grandchildren, without suffering severe consequences. It is up to all of us who have been sent to Washington to work together in a bipartisan fashion to get the Federal Government’s fiscal house in order. To do that, we must take a hard look at our tax code and our spending priorities and make government smarter, smaller and more entrepreneurial.