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BP spills, Feds burn off American employers

Just six months ago I felt extremely blessed to be employed as we emerged from what will hopefully be the worst recession we face in our lifetime. I was inspired when I heard the president say in his state of the union address that his number one priority for 2010 would be jobs. Now I am disappointed that Washington seems to think my job doesn’t fit into their equation , and the extreme measures they seem to be taking to eliminate it. I work as manager of corporate affairs for Energy XXI, an independent oil and gas company with operations in the Gulf of Mexico, and I am going to Washington DC this week to tell our political leaders that my job matters .

I have been with Energy XXI since its inception five years ago, and am proud of my job. We are one of the thousands of independent producers that provide energy to the entire country. The oil and gas industry directly and indirectly employs tens of thousands across the state of Texas, and millions nationally. Despite the president’s promises at the beginning of the year, and the fact that the production of our nation’s domestic energy resources provides millions of jobs, Washington has instituted a devastating moratorium and hopes to nearly double the tax burden on the sector , benefiting foreign companies such as BP while destroying jobs here at home. This move is extremely puzzling considering that this legislation is being pushed forward on a wave of anti-BP sentiment in the country as a result of their spill. Yet they will benefit greatly if the measures go into effect, squeezing our bigger domestic companies out of the market and shutting down independent companies like my employer.

No wonder BP is being so cooperative and friendly with the federal government as the oil spill cleanup continues; they will be getting a de facto subsidy if the administration’s foreign income tax policies go into effect. American companies would become the only ones to be taxed abroad and at home on the same income. Pair this with the ongoing moratorium which is already destroying jobs, forcing rigs overseas, and increasing reliance on foreign oil, and you begin to see the war being waged by Washington on domestic energy producers.

For these reasons, I am headed to Washington DC to try to get some answers. Why are national policies that I fund with my taxes targeting the elimination of my job?

COMMENTS

  • http://xmmlbchat.blogspot.com katesmith

    This reference in a Washington Post story which probably reflects Obama’s disdain as well. 7/18, “Oil spills, poverty, corruption. Why Louisiana is America’s Petro-State.” If you were a GM dealer doing better than average but in a geographic area scorned by Obama, your dealership was closed faster. Now they’re going after the country’s farmers with the EPA dust ruling.

  • scubadiver49er

    Give it to ‘em big time in D.C.!!! The “Summer of Recovery”???!!! What a joke. I lost my job 3 weeks ago with no prospects in sight!!! Thanks for the “Stimulus” Barry!!!!! I’ts sure working for me, as you saved MY job – NOT!!!

    And if I can, I’m going to post up a drilling map of the Gulf of Mexico. Most people don’t know this, but the Gulf has been divided up into drilling regions (like States border lines only in water) where the U.S. and a host of other countries can drill in the Gulf. THE WHOLE GULF!!! The drilling moratorium imposed on U.S. drilling operations, stops drilling in the sections designated for the U.S. and only the U.S., along the Gulf & Atlantic Coasts The remaining sections of the Gulf remain OPEN to other countries, where they CAN drill!!! That makes the U.S. (only) drilling moratorium COMPLETELY USELESS!!!! How’s that working for you??? NOT, me thinks.

  • ihateliberals

    Obama when he said Jobs was his priority he didn’t’ necessarily mean creating them. destroying certain industries has always been part of his agenda. keeping the unemployment rate at about 10% is what he wants. he wants people to be dependent on the government anyway he can achieve it.

    • MF

      He’s talking about creating jobs in the public sector (government) and union jobs. Those workers typically are much more likely to vote Democrat. He isn’t interested in creating jobs for small businesses – in fact, those must be reduced because they tend to vote Republican. That’s the Obama way.

      So when he says he wants to create jobs, he’s not lying by commission but by omission. We all know it’s still a lie, but no liberal (including MSM) would ever agree that it’s a lie.

    • scubadiver49er

      so he can issue martial law & take over that way. Cloward & Piven, anyone?? It’s as clear as day.

      “I Just Can’t Wait to be King” – from Lion King.