Report: Drilling Moratorium Didn’t Result in Significant Job Loss for Rig Workers
It turns out just under 400 people have applied for relief under a $100 million fund BP set up to compensate rig workers who lost their jobs because of the
Jul 31, 2020619.6K Shares10.5M Views
It turns out just under 400 people have applied for relief under a $100 million fund BP set up to compensate rig workers who lost their jobs because of the Obama administration’s moratorium on deepwater drilling. The low number could indicate that the moratorium didn’t have as significant an impact on rig workers as was originally thought.
In fact, an Obama administration report saidmany companies kept on their employees after the moratorium. But the report noted that the drilling ban had a more significant impact on other sectors of the Gulf economy that rely on drilling.
“„With nine days left to apply, a spokesman for the charity running the program told The Associated Press on Tuesday that only 356 people have come forward. Up to 9,000 people had been expected to seek grants of $3,000 to $30,000.
Paolo Reyna
Reviewer
Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies.
Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most.
In his free time, he loves to travel, watch films, read books, and socialize with friends.
Latest Articles
Popular Articles