Economic Impact
Ken Feinberg on First Anniversaray of Gulf Coast Claims Facility
The administrator of the Gulf Coast Claims Facility says his agency is still taking in 4,400 claims a week on average. He says it has honored 350,000 claims, paying out…
Alabama Tourism Business Recovering, But Losses Still Heavy
Tourists are returning to the beaches of the Gulf Coast this summer. But, many businesses say it will take much more than one season of good business for them to…
Reaction Varies to Lifting of Drilling Moratorium
Reaction is sharply divided on the Obama administration’s decision to lift the ban on deepwater drilling. Some officials on the Gulf Coast are praising the move, while others say it’s…
Shallow-Water Drilling Slowly Resuming After Moratorium
A review of drilling permits by the Greater New Orleans Incorporated economic council shows work is slowly resuming for shallow-water rigs.
The number of permits could reflect how…
Deepwater Drilling Moratorium Lifted
The Obama administration has lifted its deepwater drilling moratorium. Officials say drilling could resume in the Gulf of Mexico by the end of the year.
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