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Bayou Industrial Group

Bayou Industrial Group

A Voice for Business and Industry in the Bayou Region since 1973

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Stand with Us for Gulf Energy and Jobs

February 19, 2021 by Bayou Industrial Group

Sign the GEST petition.  We need your voice!

President Joe Biden’s recent ban on new federal natural gas and oil leasing will stifle economic growth, threaten thousands of jobs, and increase America’s reliance on foreign energy from countries with lower environmental standards.
The impact of the President’s actions will have enormous consequences for local communities throughout the Gulf Coast region.
What’s at stake? Jobs. The strength of our economic recovery. Funding for schools. Key conservation projects. Progress on climate change and environmental goals.
Join the Gulf Economic Survival Team (GEST) in speaking up for energy jobs and domestic energy production. Sign the petition today in support of Gulf energy production to let leaders in Washington know what this industry means to our local communities.
According to an economic analysis from LMOGA and the American Petroleum Institute, here’s a glimpse of what’s at stake for Gulf Coast communities without development on federal lands and waters:
  • More than $223 million in revenue for Gulf States at risk.
  • More than 200,000 jobs in the Gulf Coast region would be lost among the nearly one million American jobs projected to be lost by 2022.
  • Texas, Louisiana, Alabama and Mississippi could lose more than $22 million in funding from the Land and Water Conservation Fund.

 

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