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The Frickin' Moratorium is Killin' Louisiana — NOT!!!

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This was originally published with a graphic here.

The "End Is Near Rally" in Lafayette a week ago was a veritable doom and gloom fest, complete with charts and predictions from economists that the Obama administration's moratorium on deep water drilling means the end of Louisiana, economically speaking.

The moratorium was declared in late May and has been slugged out in the courts since then, but it has been in effect now for two months. The impact of the forced shutdown of 28 deep water drilling rigs in the Gulf of Mexico should be reverberating through Louisiana's economy by now.

The End should be at our door, kicking and beating to get in.

Well, a funny thing has happened on the road to Armageddon — nothing.


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