I think this generally displays the cluelessness of the administration. Administration Foresaw 23,000 Lost Jobs from Drilling Ban - WSJ.com One might understand a moratorium during an economic boom, but shutting down an industry during one of the worst economic recessions is dumb. I get that the administration wants to avoid another disaster but the odds of another such mishap are extremely small, unless they had some tangible evidence that another explosion was highly probable. But I haven't seen that. The costs of shutting down the industry relative to the probability of another disaster isn't worth it, given that it is so difficult to get a job right now.