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OMSA: Offshore Drilling Creates American Jobs

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Uploaded on Sep 7, 2011

IHS Global Insight published a 277 page study quantifying the opportunity for job creation and GDP growth in the United States. OMSA distilled that info into a 4-minute video. If President Obama and his regulators -- Interior Secretary Ken Salazar and BOEMRE director Michael Bromwich -- simply cleared the backlog of offshore drilling permits and exploration plans, the oil and gas industry could return to operations at historic norms. But today, that's not the case. The slow-pace of administrative approvals leaves exploration and development activities at a near standstill. Clear the bureaucratic gridlock and industry will create 230,000 jobs by 2012.

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