Freedom Line Blog

In response to the uncertainty created by the Obama Administration’s foolish drilling moratorium, which has now been overturned by two separate courts, Diamond Offshore Drilling, Inc. announced that it will shift its Ocean Endeavor operation to Egypt.  As The Wall Street Journal noted, “when it comes to a showdown between jobs and ideology, the Obama Administration never fails to choose the latter.”

The Ocean Endeavor contract was worth $100 million, and its loss will cost “a great deal” of American jobs.  Even Democrat Senator Mary Landrieu of Louisiana found herself forced to break with the Obama Administration, noting that the offshore drilling industry safely operates approximately 42,000 other wells and employs innumerable Gulf citizens both directly and indirectly.  Sadly, Obama once again seems to be stimulating the far-left activist community, but not the American economy or job climate.