If U.S. President Joe Biden’s pause on new oil and natural gas leases in offshore waters becomes permanent, the effect on the U.S. Gulf of Mexico workforce would be considerable.
That’s what’s shown by the National Ocean Industries Association’s (NOIA) latest projections, which were prepared by Energy & Industrial Advisory Partners. According to these figures, which assume that no new lease sales would be held from 2022, Gulf of Mexico offshore oil and natural gas supported employment would decline by almost 200,000 jobs over the next two decades, compared to a base case figure.
Read more: How Many US GOM Jobs Could Go Under Biden?
