State Sues Feds Over Ban on Offshore Drilling
The Texas Attorney General’s office argues the ban infringes on state’s rights and violates a law mandating states be consulted first on such matter. The ban was imposed in reaction to the massive gulf oil spill. In a statement, The suit, filed by Attorney General Greg Abbott, also says the economic impact of the moratorium must considered. Louisiana State University conducted an economic impact analysis that shows Texas will suffer a $622 million decrease in Gross State Product due to the six-month moratorium.