The devastating fallout of the Biden administration's job-killing rampage continues after he canceled the sale of 80 million acres of Gulf of Mexico oil leases that was scheduled for Wednesday in New Orleans, KLFY-TV in Lafayette, Louisiana, reported Monday.
"It would kill our state. It would kill workers," Mike Moncla, president of the Louisiana Oil and Gas Association, said of the Biden administration's move.
According to the Moncla and the association, nearly 250,000 Louisiana residents work in the oil and gas industry, and 98,000 of them have offshore jobs.
President Joe Biden banned all new oil and gas leases on public land and waters for 60 days in an executive order on Jan. 20, the day he took office.
Americans should expect the job massacre to continue as Biden continues to swing the ax through the oil and gas industry.
Biden mistakenly believes that blocking oil drilling in the United States will curb oil and gas production worldwide.
"The Biden administration wasted no time launching a full-scale assault on oil and gas that will send production overseas and further injure the economy," he lamented.
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Thursday, March 18, 2021
Biden cancels 80 million acre oil-lease sale, putting Louisiana oil and gas industry in danger
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