Energy Policy

LSU's Mason discusses report on economic impacts of drilling moratorium

As the Senate weighs its options for offshore drilling reform, how is the current moratorium on offshore drilling affecting oil companies and jobs numbers? During today's OnPoint, Joseph Mason, a professor of banking at Louisiana State University, discusses a new study, commissioned by the American Energy Alliance, on the economic effects of the drilling moratorium. He explains why he believes the government is dragging its feet in investigating the circumstances of the Gulf spill and gives his take on the various policy options being discussed in Congress.