A new study released today by the National Ocean Industries Association
Gulf Offshore Oil and Gas Industry Could Support Over 400,000 Jobs Nationwide by 2013 A new study released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) shows the important nationwide jobs and economic impact of the Gulf of Mexico offshore oil and gas industry and reveals the effect of permitting on those figures.According to the study conducted by Quest Offshore Inc., the Gulf offshore oil and gas industry supported more than 240,000 jobs across the country while contributing more than $26 billion to the nation's GDP in 2010."The Gulf offshore oil and gas industry supports tens of thousands of jobs outside the Gulf of Mexico"" said Randall Luthi, president of NOIA. "These jobs are found across the United States - at places like Redwing Shoe Company in Minnesota, Godwin Pumps in New Jersey and Hammerhead Industries in California, just to name a few."But offshore industry-related jobs are down from 2008, the study shows, due in part to the poor economy, the deepwater moratorium, and the continuing slow pace of new drilling permits in the gulf. More than 60,000 jobs have been lost in the Gulf States alone since 2008, according to the study.There is ...
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