Editor’s note: Rigzone published the above titled article, which reads as follows
Potential leasing and drilling bans threaten the Gulf of Mexico (GOM) oil and natural gas industry’s contribution to U.S. energy production, employment, gross domestic product (GDP) and government revenues, according to a new National Ocean Industries Association (NOIA) study.
Citing calls for no offshore drilling by former Vice President and presumptive Democratic presidential candidate Joe Biden and others, NOIA contends political efforts to curb offshore production would harm the Gulf Coast and national economies.