Senators concerned about economic impact of drilling moratorium - WMBFNews.com, Myrtle Beach/Florence SC, Weather

Senators concerned about economic impact of drilling moratorium

WASHINGTON (AP) - The Obama administration is standing firm on the six-month moratorium it's imposed on deep-water drilling for oil.

But some senators are voicing concern over the impact that will have on areas in which the economy is dependent on energy exploration.

Sen. Mary Landrieu of Louisiana told Interior Secretary Ken Salazar during a hearing today that a six-month halt in drilling activities will "wreak economic havoc on the region." She says as many as 330,000 jobs could be affected in Louisiana alone.

When pressed by Landrieu, Salazar promised to ask BP to compensate energy companies for losses if they have to lay off workers or suffer economically because of the moratorium.

Copyright 2010 by The Associated Press.  All Rights Reserved.

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