Four charts: how Obama destroyed the energy economy in the Gulf of Mexico

A report issued Tuesday by the Greater New Orleans Economic Alliance reveals the true economic devastation wrought by President Obama's draconian and illegal oil drilling moratorium in the Gulf of Mexico

Thanks to the people at the New Orleans Regional Economic Alliance, one can cut through all the claims about how oil drilling in the United States is back to normal since the Gulf oil spill.

The [accompanying] figures ... show the trends in both shallow- and deep-water drilling permit approvals in the gulf of Mexico since the Deepwater Horizon oil spill. As can be seen, the Obama administration did not let that crisis go to waste, it used it to implement another plank in its anti-fossil fuel agenda...

Regardless of the Obama administration’s claims that they aren’t hindering oil exploration and development in the Gulf, a few minutes of looking at their own data tells the real story: they’re both cutting it down, and stretching it out.

So the next time legacy media allows President Obama to claim that oil drilling is back to normal in the Gulf, remember these charts.


Hat tips: HyScience and BadBlue.