Salisbury, MD: Your Attention is Needed

To all kilbirnie residents:

 

A very important issue was brought to those attending our Spring General Meeting, Tuesday, march 16, 2016.

 

Large industrial chicken houses in Wicomico County, Maryland Neighborhoods.

 

A process is currently in motion to put a massive industrial-sized house operation at the northwest corner of Walston switch and Shavox Roads.

 

At least four to eight 60-foot by 600-foot chicken houses are planned, which if approved would result in millions of chickens processed each year and thousands of trucks transporting chickens on Walston Switch and Shavox roads.

 

there is a “Protect the Paleo Channel” Public Forum, which will be held March 22, 2016 at 6 p.m. at the Wicomico youth and Civic Center to address this issue.

 

Democrats Plan On Taking One Trillion Of YOUR Money, Destroy the U.S. Economy

Democrats say they want to raise as much as $1 trillion in new revenues through tax reform later this year to balance Republican demands to slash mandatory spending.

Democratic leaders have had little time to craft a new position for their party since passing a tax deal Tuesday that will raise $620 billion in revenue over the next 10 years.

The emerging consensus, however, is that the next installment of deficit reduction should reach $2 trillion and about half of it should come from higher taxes.

This sets up tax reform as one of the biggest fights of the 113th Congress, which began on Thursday.

Republicans say tax reform should be revenue-neutral. Additional revenues collected by eliminating or curbing tax breaks and deductions should be used to lower rates.

Read more here.

Stock Markets and BP

News Free Press Of Kooskia Idaho Logo 2 June 17,2010 

Hello Everyone,

                               First I want to say I am proud to be part of the The U.S. Constittional Free Press, they are doing a great job. Keeping the American people informed about anything that they are not getting from other media sources. Keep up the great work everyone.

                               Lets start with BP British Petroluim it has come out in the last couple of days, that a new estimated amount of oil being poured into the waters of the Gulf. They are saying 30 to 60 thousand Gallons a day is spilling in the ocean,  which equels making an Exxon Valdes every 5 days. We are now on day 59 of this massive leak of oil,   

                               BP is an 80 Billion dollar company, and this spill could exceed the value of the company. In Europe they are saying that BP could have to file for Bankruptcy before the well is capped.  just this week they are saying that BP could spend 81 Billion dollars to just clean up this oil in the Gulf. Thats not even touching on the amount of money that will make the people of the affected area of the Gulf made whole. The Macondo well is spilling about 2.50 Million Gallons per day into the Gulf.  

                            Today it came out the President of the USA gave Mr George Soro’s own oil company the one he owns 80 percent of in Brazil 2 Million Dollars, Mr Soro’s has 80 Billion dollars in an oil company so whats the 2 Million Dollars for well its for drilling in the Deep waters of of Brazil for oil.   Mr Soro’s has been one of President Obama’s advisors on this oil spill.   

                              This week an new Fund was started for the people affected by the oil spill in the Gulf, and its being headed up by Kenneth Feinberg. Yes the same Gentleman that headed up the 911 fund, money was miss handled Mr Obama chose Mr Feinberg he said for his fine work with 911 fund. more to come about BP .

                               Now onto Information about the stock Market this last 2 weeks. This week California that they have a zero cash flow, just by saying that they are saying they are broke. What will happen next is that we have to bail them out, so here is what I say to CA inadvance  of their request for a loan. Tighten your wallets, pay off your bills, use the tenth Admendment of the state Constitution. Alot of the state spending is their fault, the rest of it is the federal Governments Fault. So CA get some guts to tell the Federal Government to keep their Mandates, next go through all of your monthy bills, pick all the important ones pay for those. And get rid of all of the waste and fruad and abbuse. There are at least 16 other states in the same boat, and that boat is about to sink into an never ending sea of constant. Debt I say that you need a realistic  Budget. There are 22 other states that are in so bad a shape that they will be cutting back on retirement benifits for their state employees, not suprised that Idaho is one of those 22 States in Dire straits.

                           There is someone that could teach you how to stay within your means. I have no debt other then my land, which will be paid of in about the next 1 year and half. My house is not finished, why becuase I have not gotten a loan to pay for the supplies to finish it but it is getting done.

                                        this next couple of weeks I will finaly have a closet, to put clothes in. I have been living out of a suitcase for the 12 years, I have lived here. Now before all of you yell at my husband, for me not having closets. Dave is a hard working man, he does a lot of honey do’s arround here. He tried to get the closets done while I was on my Mothersday vacation. I just got back before they were done lol. Anyways back to what I was saying about being Debt free. We dont spend money we dont have. We save up for everything we want, I am putting a business together piece by piece. I save up for awhile spend some on the things I need for my business, then I save up some more. I am not like the Government can’t borrow money, or print my own money. So I have to live within my means.  I feel its way past the time the  States get there act together.

                               This week Greece has been downgraded to BA1 statice which is junk Bond statice , and next week france will have their rating lowered to AA statice from AAA the rating.  Are done by Moody’s and this week I found out whom owns most of Moody’s.  This week I Found out that Moody’s is owned by Halliburtan and they are owned by Warren Buffett owns stock in both Halliburtan and Moody’s. well I will end this blog for today and will write my next blog on http://NewsFreePress.wordpress.com I should have a blog there in about 24 hours from now have a great day.

                             Tonight I will co host News Free Kooskia Idaho at this link http://www.blogtalkradio.com/News-Free-Kooskia-ID   tonights show airs at 9pm Pacific and 10pm Mountain and 11pm Central and 12am Eastern time zones Tonight is our Thrsday night Ham Radio show with Dave Brainerd wb6dhw

Jobs report a nightmare for Obama progressivism

By George F. Will

Concerning the job numbers from May, one can almost echo Henry James’s exclamation after examining letters pertaining to Lord Byron’s incest: “Nauseating perhaps, but how quite inexpressibly significant.” Except that the May numbers’ significance can be expressed: A theory is being nibbled to death by facts.

Private-sector job creation almost stopped in May. The 41,000 jobs created were dwarfed by the 411,000 temporary and low-wage government jobs needed to administer the census. Last year’s stimulus having failed to hold unemployment below 8 percent as predicted, Barack Obama might advocate another stimulus — amending Article I, Section 2 of the Constitution, which mandates a census every 10 years. If it were every year, he could take credit for creating 564,000 — the current number of census takers — permanent jobs.

May’s 41,000 jobs were one-fifth of the April number and substantially fewer than half the number needed to keep pace with the normal growth of the labor force. This is evidence against the theory that a growing government can be counted on to produce prosperity because a government dollar spent has a reliable multiplier effect as it ripples through the economy from which the government took the dollar.

Today’s evidence suggesting sluggish job creation might give pause to a less confident person than Obama. But pauses are not in his repertoire of governance. Instead, yielding to what must be a metabolic urge toward statism, he says the Gulf of Mexico oil spill is yet another reason for yet another explosion of government’s control of economic life. The spill supposedly makes it urgent to adopt a large tax increase in the form of cap-and-trade energy legislation, which also is climate legislation, the primary purpose of which is, or once was, to combat global warming, such as it is.

At any time, some economic conditions would be better than others, but the more certainty about conditions the better. Today investors and employers are certain that uncertainties are multiplying.

They are uncertain about when interest rates will rise, and by how much. They do not know how badly the economy will be burdened by the expiration, approximately 200 days from now, of the Bush tax cuts for high earners — a.k.a. investors and employers. They know the costs of Obamacare will be higher than was advertised, but not how much higher. They do not know the potential costs of cap-and-trade and other energy policies. They do not know whether “card check” — abolition of the right of secret-ballot elections in unionization decisions — will pass, or how much the economy will be injured by making unions more muscular. They do not know how the functioning of the financial sector will be altered and impeded by the many new regulatory rules and agencies created by the financial reform legislation. The economy has become dependent on government stimulation of demand, and no one knows what will happen as the stimulus spending wanes.

Uncertainty is a consequence of hyperkinetic government, which is a consequence of the governmental confidence that is a consequence of progressivism. The premise of progressivism is that all will be well if enough power is concentrated in Washington, and enough Washington power is concentrated in the executive branch, and enough really clever experts are concentrated in the executive branch. This is why the government’s perceived impotence concerning the gulf oil spill is subversive of the Obama administration’s master narrative.

Obama is the first president whose presidential campaign was his qualification for the office he sought. He almost said so on Sept. 1, 2008, as a large hurricane made landfall on the Gulf Coast. Megan McArdle of the Atlantic has resurrected Obama’s answer when he was asked whether could handle such a crisis.

Using perhaps the royal plural — a harbinger of grandiosity to come — Obama cited the size, cost and complexity of his campaign: “Our ability to manage large systems and to execute, I think, has been made clear over the last couple of years,” and “indicates the degree to which we can provide the kinds of support and good service that the American people expect.”

Progressives generally, and Obama especially, encourage expectations as large as the 1,428-page (cap-and-trade), 1,566-page (financial reform) and 2,409-page (health care) bills they churn out as “comprehensive” solutions to this and that. For a proper progressive, anything short of a “comprehensive” solution to, say, the problem of illegal immigration is unworthy of consideration. For today’s progressive president, the prospect of a jobless recovery is a comprehensive nightmare.

Once a government pet, BP now a capitalist tool

In this May 30, 2010 file photo, BP PLC CEO Tony Hayward talks to reporters as he visits a Coast Guard command center in Venice, La. BP's inability to contain the worst oil spill in U.S. history has focused attention on CEO Tony Hayward's words and deeds over the past six weeks - and the scrutiny has not yielded a flattering image. (AP file photo)

By: Timothy P. Carney

As BP’s Deepwater Horizon oil rig was sinking on April 22, Sen. John Kerry, D-Mass., was on the phone with allies in his push for climate legislation, telling them he would soon roll out the Senate climate bill with the support of the utility industry and three oil companies — including BP, according to the Washington Post.

Kerry never got to have his photo op with BP chief executive Tony Hayward and other regulation-friendly corporate chieftains. Within days, Republican co-sponsor Lindsey Graham, R-S.C., repudiated the bill following a spat about immigration, and Democrats went back to the drawing board.

But the Kerry-BP alliance for an energy bill that included a cap-and-trade scheme for greenhouse gases pokes a hole in a favorite claim of President Obama and his allies in the media — that BP’s lobbyists have fought fiercely to be left alone. Lobbying records show that BP is no free-market crusader, but instead a close friend of big government whenever it serves the company’s bottom line.

While BP has resisted some government interventions, it has lobbied for tax hikes, greenhouse gas restraints, the stimulus bill, the Wall Street bailout, and subsidies for oil pipelines, solar panels, natural gas and biofuels.

Now that BP’s oil rig has caused the biggest environmental disaster in American history, the Left is pulling the same bogus trick it did with Enron and AIG: Whenever a company earns universal ire, declare it the poster boy for the free market.

As Democrats fight to advance climate change policies, they are resorting to the misleading tactics they used in their health care and finance efforts: posing as the scourges of the special interests and tarring “reform” opponents as the stooges of big business.

Expect BP to be public enemy No. 1 in the climate debate.

There’s a problem: BP was a founding member of the U.S. Climate Action Partnership (USCAP), a lobby dedicated to passing a cap-and-trade bill. As the nation’s largest producer of natural gas, BP saw many ways to profit from climate legislation, notably by persuading Congress to provide subsidies to coal-fired power plants that switched to gas.

In February, BP quit USCAP without giving much of a reason beyond saying the company could lobby more effectively on its own than in a coalition that is increasingly dominated by power companies. Theymade out particularly well in the House’s climate bill, while natural gas producers suffered.

But two months later, BP signed off on Kerry’s Senate climate bill, which was hardly a capitalist concoction. One provision BP explicitly backed, according to Congressional Quarterly and other media reports: a higher gas tax. The money would be earmarked for building more highways, thus inducing more driving and more gasoline consumption.

Elsewhere in the green arena, BP has lobbied for and profited from subsidies for biofuels and solar energy, two products that cannot break even without government support. Lobbying records show the company backing solar subsidies including federal funding for solar research. The U.S. Export-Import Bank, a federal agency, is currently financing a BP solar energy project in Argentina.

Ex-Im has also put up taxpayer cash to finance construction of the 1,094-mile Baku-Tbilisi-Ceyhan pipeline carrying oil from the Caspian Sea to Ceyhan, Turkey—again, profiting BP.

Lobbying records also show BP lobbying on Obama’s stimulus bill and Bush’s Wall Street bailout. You can guess the oil giant wasn’t in league with the Cato Institute or Ron Paul on those.

BP has more Democratic lobbyists than Republicans. It employs the Podesta Group, co-founded by John Podesta, Obama’s transition director and confidant. Other BP troops on K Street include Michael Berman, a former top aide to Vice President Walter Mondale; Steven Champlin, former executive director of the House Democratic Caucus; and Matthew LaRocco, who worked in Bill Clinton’s Interior Department and whose father was a Democratic congressman. Former Republican staffers, such as Reagan alumnus Ken Duberstein, also lobby for BP, but there’s no truth to Democratic portrayals of the oil company as
an arm of the GOP.

Two patterns have emerged during Obama’s presidency: 1) Big business increasingly seeks profits through more government, and 2) Obama nonetheless paints opponents of his intervention as industry shills. BP is just the latest example of this tawdry sleight of hand.

Once a government pet, BP now a capitalist tool

Tarp Jr.

by Brian Darling

Remember all of those bold statements that the so called “Troubled Assets Relief Program” (TARP), the Bailout of Wall Street Bill, was a one time deal and our federal government should and will never do it again. Secretary of the Treasury Tim Geithner testified in January of this year before the House Committee on Oversight and Government Reform:

Many Americans look at what happened with AIG, and the rest of the financial rescue, and simply ask: Why was it necessary? Why was it fair for the government to take taxpayer money and put it into an institution that had mismanaged itself to the edge of collapse? The answer is that it was not fair, and it was not something our government should ever have to do. But those Americans, those families and business owners who played by the rules and played no role in giving rise to this recession, should understand that if the government had failed to act, that failure would have unleashed substantially greater damage upon them.

If TARP “was not fair” and not “something our government should ever have to do,” then why is Congress trying to impose the TARP model on small business? Congress will consider legislation this week to establish TARP, Jr. for small businesses to be administered and run by none other than Secretary of the Treasury Tim Geithner. The House is considering H.R. 5297, the Small Business Lending Fund Act that provides “temporary authority to the Secretary of the Treasury to make capital investments to eligible institutions in order to increase the availability of credit for small businesses.”

The legislation creates a federally run new bureaucracy called the “Small Business Lending Fund. ” To qualify a financial institution has to have less than $10 billion in assets and the new creation would have up to $30 billion in new investment authority. This allegedly temporary program is set up “without further appropriation of fiscal year limitation,” i.e. not temporary, to purchase “preferred stock and other financial instruments” from small business as a means to infuse money into local banks with the condition that they lend to failing small business. Local banks will be lending in exchange for equity small business, therefore these banks will be using federal monies to buy equity in companies. This is an idea born from socialism and one that will harm the free market for small business, because failure will be rewarded by federal subsidies while success will be punished.

The bill also creates a “Small Business Credit Initiative” with $2 billion of your tax dollars to be given to states that have created programs to provide funds to banks to bailout small businesses in trouble. This would provide an incentive for states to adopt the crony capitalism programs of the federal government exemplified by the federal takeover of General Motors and the activities of Fannie Mae and Freddie Mac. Setting up a system with private profits, yet socialized losses, will diminish capitalism and the American free market system. This legislation, TARP, Jr., extends the failed and free market offensive TARP model to small business. Considering that the original TARP program was “not fair, and it was not something our government should ever have to do,” Congress might want to heed the advice of Secretary Geithner of January 2010 and pause before creeping a few more steps toward American socialism.

Bob Ehrlich: “The Entrepreneur Agnda”

Murphy Outlines Three-Year Plan to Eliminate Maryland’s Corporate Income Tax….

….Proposes Reductions in Personal Income Tax

Crofton, Maryland – Brian Murphy, Republican candidate for governor of Maryland, continues to propose solutions to grow Maryland’s economy. Today he laid out a proposal to eliminate Maryland’s high 8.25 percent corporate income tax. In spite of Maryland’s ideal location and talented workforce, unemployment remains at record levels. Murphy sees the state’s high taxes and anti-business environment as the causes.

“The governor is the State’s Chief Executive Officer. Marylanders are suffering from a lack of confidence in our elected officials and from a lack of certainty in our tax structure. As the only candidate who has pledged not to raise taxes, I have aligned myself with Maryland’s families and small businesses. Today, by proposing a tax plan that will grow our economy, I am the only candidate who is inviting families and businesses to consider making Maryland their home,” said Maryland.

“Our 8.25 percent corporate tax is one of many failed policies killing our economy. And when we consider that the vast majority of Maryland businesses are small businesses, and corporate income tax represents only 2 percent of the state’s tax receipts, it makes us wonder why we have the tax at all. As a small business owner, I can tell you firsthand the burdens of operating in Maryland. We need to empower business owners to grow their operations in our state,” said Murphy.

“Maryland has the best labor force and infrastructure in the country. But our tax structures make it impossible for us to compete. My goal is the phased elimination of our corporate income tax in three years. In the first year, we will balance and streamline our budget without raising taxes. This will put our economy in a position to recover and grow. In the second year, we will reduce the corporate income tax rate by 50 percent, funded by organic growth to preserve revenue neutrality. This will give new and existing businesses an incentive to grow their Maryland operations. In the third year, we will eliminate the corporate income tax all together,” said Murphy.

“Finally, after we make Maryland competitive for small businesses and families, we will revisit our personal income tax rates. Personal income taxes make up a greater portion of our state’s tax receipts, so eliminating them completely is not immediately possible. But I am committed to growing Maryland’s economy. Reducing our personal income tax rates, even slightly, will create a significant benefit for Maryland families,” said Murphy.

Brian Murphy and Robert Ehrlich are running in the Republican Primary on September 14. Governor Martin O’Malley is running in the Democratic Party Primary on September 14. The winners of the respective parties’ elections will square off against each other in the November 2 General Election.

Brian Murphy is a successful Maryland businessman with a B.A. in Economics from the University of Maryland and an M.B.A. from the University of Pennsylvania’s Wharton School. He is founder of the Plimhimmon Group, whose first investment, the Smith Island Baking Company, has been featured in The Washington Post, the Wharton Magazine, the Baltimore Sun, Businessweek, and other publications for its principled approach to job creation in Maryland.

For more information on the Brian Murphy for Governor campaign, see www.brianmurphy2010.com. To set up a press or media interview, contact Fran Griffin at fran@brianmurphy2010.com. To volunteer, contact Sam Hale at sam@brianmurphy2010.com or 301-509-1437.

Tax Hikes and the 2011 Economic Collapse

Today’s corporate profits reflect an income shift into 2010. These profits will tumble next year, preceded most likely by the stock market.

By ARTHUR LAFFER

People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies.

It shouldn’t surprise anyone that the nine states without an income tax are growing far faster and attracting more people than are the nine states with the highest income tax rates. People and businesses change the location of income based on incentives.

Likewise, who is gobsmacked when they are told that the two wealthiest Americans—Bill Gates and Warren Buffett—hold the bulk of their wealth in the nontaxed form of unrealized capital gains? The composition of wealth also responds to incentives. And it’s also simple enough for most people to understand that if the government taxes people who work and pays people not to work, fewer people will work. Incentives matter.

People can also change the timing of when they earn and receive their income in response to government policies. According to a 2004 U.S. Treasury report, “high income taxpayers accelerated the receipt of wages and year-end bonuses from 1993 to 1992—over $15 billion—in order to avoid the effects of the anticipated increase in the top rate from 31% to 39.6%. At the end of 1993, taxpayers shifted wages and bonuses yet again to avoid the increase in Medicare taxes that went into effect beginning 1994.”

Just remember what happened to auto sales when the cash for clunkers program ended. Or how about new housing sales when the $8,000 tax credit ended? It isn’t rocket surgery, as the Ivy League professor said.

On or about Jan. 1, 2011, federal, state and local tax rates are scheduled to rise quite sharply. President George W. Bush’s tax cuts expire on that date, meaning that the highest federal personal income tax rate will go 39.6% from 35%, the highest federal dividend tax rate pops up to 39.6% from 15%, the capital gains tax rate to 20% from 15%, and the estate tax rate to 55% from zero. Lots and lots of other changes will also occur as a result of the sunset provision in the Bush tax cuts.

Tax rates have been and will be raised on income earned from off-shore investments. Payroll taxes are already scheduled to rise in 2013 and the Alternative Minimum Tax (AMT) will be digging deeper and deeper into middle-income taxpayers. And there’s always the celebrated tax increase on Cadillac health care plans. State and local tax rates are also going up in 2011 as they did in 2010. Tax rate increases next year are everywhere.

Now, if people know tax rates will be higher next year than they are this year, what will those people do this year? They will shift production and income out of next year into this year to the extent possible. As a result, income this year has already been inflated above where it otherwise should be and next year, 2011, income will be lower than it otherwise should be.

Also, the prospect of rising prices, higher interest rates and more regulations next year will further entice demand and supply to be shifted from 2011 into 2010. In my view, this shift of income and demand is a major reason that the economy in 2010 has appeared as strong as it has. When we pass the tax boundary of Jan. 1, 2011, my best guess is that the train goes off the tracks and we get our worst nightmare of a severe “double dip” recession.

In 1981, Ronald Reagan—with bipartisan support—began the first phase in a series of tax cuts passed under the Economic Recovery Tax Act (ERTA), whereby the bulk of the tax cuts didn’t take effect until Jan. 1, 1983. Reagan’s delayed tax cuts were the mirror image of President Barack Obama’s delayed tax rate increases. For 1981 and 1982 people deferred so much economic activity that real GDP was basically flat (i.e., no growth), and the unemployment rate rose to well over 10%.

But at the tax boundary of Jan. 1, 1983 the economy took off like a rocket, with average real growth reaching 7.5% in 1983 and 5.5% in 1984. It has always amazed me how tax cuts don’t work until they take effect. Mr. Obama’s experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.

Consider corporate profits as a share of GDP. Today, corporate profits as a share of GDP are way too high given the state of the U.S. economy. These high profits reflect the shift in income into 2010 from 2011. These profits will tumble in 2011, preceded most likely by the stock market.

In 2010, without any prepayment penalties, people can cash in their Individual Retirement Accounts (IRAs), Keough deferred income accounts and 401(k) deferred income accounts. After paying their taxes, these deferred income accounts can be rolled into Roth IRAs that provide after-tax income to their owners into the future. Given what’s going to happen to tax rates, this conversion seems like a no-brainer.

The result will be a crash in tax receipts once the surge is past. If you thought deficits and unemployment have been bad lately, you ain’t seen nothing yet.

Mr. Laffer is the chairman of Laffer Associates and co-author of “Return to Prosperity: How America Can Regain Its Economic Superpower Status” (Threshold, 2010).

Obama’s Drill Ban to Trigger Job Losses, Slow Employment Gains

By Jim Efstathiou Jr.

President Barack Obama’s six-month ban on new offshore drilling while a commission investigates BP Plc’s Gulf of Mexico oil spill may slow employment gains after U.S. payrolls in April had the biggest surge in four years.

The moratorium will cost as many as 20,000 Louisiana jobs in the next 12 months to 18 months during “one of the most challenging economic periods in decades,” Governor Bobby Jindal said in a letter to Obama released yesterday. Each drilling platform idled by the ban puts 1,400 jobs at risk, according to the National Ocean Industries Association, a Washington-based group for drillers and companies that support oil production.

Obama, who plans to visit Louisiana today, declared the moratorium to give a presidential panel time to investigate the April explosion and sinking of the Deepwater Horizon drilling rig, which killed 11 workers and unleashed as many as 19,000 barrels of oil a day. The interruption may extend beyond six months, further crimping U.S. oil-and-natural gas production, raising energy prices and costing jobs, lawmakers have said.

“The last thing we need is to enact public policies that will certainly destroy thousands of existing jobs while preventing the creation of thousands more,” Jindal said in a statement.

The moratorium will shut 33 deepwater rigs in the Gulf of Mexico, including 22 near Louisiana, costing as many as 6,000 jobs in the next three weeks and 20,000 by the end of next year, Jindal said. At least 100 miles (161 kilometers) of coast has been fouled by oil and the fishing industry has “huge economic losses,” he said. Lost wages could reach $10 million a month for each rig.

Job Gains

The 290,000 increase in April employment exceeded the median estimate of economists surveyed by Bloomberg News and followed a 230,000 gain in March that was larger than initially estimated. Unemployment rose to 9.9 percent from 9.7 percent as thousands of jobseekers entered the workforce, a Labor Department report in Washington showed.

Representative Chris Van Hollen of Maryland, who leads the Democrats’ House campaign committee, last month said the party will focus on steps Congress has taken to create jobs, aiming to combat an anti-incumbent mood among voters in special elections.

Senator Mary Landrieu, a Louisiana Democrat who supports offshore oil production, said BP’s spill poses a dilemma for her state. She is asking the administration to provide a timeline to help companies plan for the restart of deepwater drilling.

“ I understand why President Obama has called for a review of deepwater drilling,” Landrieu said in an e-mail. “I have argued strongly to him that he should adjust this moratorium.”

Alaska, Virginia

Obama also delayed planned oil-and-gas exploration in the Arctic Ocean off Alaska and canceled a plan to search for oil and gas off the Virginia coast. New drilling in the Gulf in less than 500 feet of water can proceed after companies submit applications that meet new safety and environmental rules.

“Shutting down the outer continental shelf, all that’s going to do is raise energy prices and cost American jobs,” U.S. Representative Joe Barton, a Texas Republican, said in an interview. “The right course is to continue the permitting process and become more diligent in the inspection and enforcement of existing wells.”

The Obama administration has promised unemployment aid and cleanup jobs to workers affected by the spill, White House spokesman Ben LaBolt said in an e-mail. Among the rigs idled by the moratorium are four that BP has a role in operating.

“We must ensure that the BP Deepwater Horizon spill is never repeated,” LaBolt said. “Economic impacts were certainly taken into account — the moratorium is surgical and shallow water drilling, in which the risks are better known, is continuing under stricter safety rules.”

Rig Owners

One third of U.S.-produced oil and gas comes from the Gulf, and 80 percent of Gulf oil is extracted from deepwater wells, according to the Louisiana Mid-Continent Oil and Gas Association in Baton Rouge. The suspension will hurt rig owners, supply boats, welders, divers, caterers and other supporting contractors.

About 80,000 barrels of new daily production, or 4 percent of deepwater Gulf output, will be delayed until after 2011 because of the ban, according to a May 28 report by Edinburgh- based Wood Mackenzie Consultants Ltd. The total may be as high as 130,000 barrels a day, according to Kevin Book, a managing director at ClearView Energy Partners LLC, a Washington-based policy analysis firm.

The U.S. would spend $10 billion to buy imported oil through the end of 2011 to replace lost Gulf production, Book said in an e-mail.

Brazil, China

Oil producers including BP and Exxon Mobil Corp. don’t know when work in deep waters can resume, said Jack Gerard, chief executive officer of the American Petroleum Institute, which represents the oil industry. In the meantime, companies probably will ship their rigs to the coasts of Brazil and China or to the North Sea in Europe to avoid sitting idle in the Gulf, he said.

Contracts were canceled on three drilling rigs Anadarko Petroleum Corp., the Texas company that owns a stake in BP’s leaking well, had leased in the Gulf using a clause triggered when events occur beyond the company’s control, Gerard said. The cancellations let Anadarko stop paying rent on rigs it will no longer be able to use.

“It’s unlikely they’ll sit around that long waiting in the Gulf of Mexico,” Gerard said in an interview. “If some of those drilling operations are moved to other parts of the world, it will be difficult to get them back to this part of the world any time soon.”

The moratorium will cost the government as much as $150 million in lost royalty payments as production of oil and gas stops, Gerard said.

‘Pausing’ Drilling

The administration is “pausing” deepwater drilling “to ensure this type of disaster doesn’t happen again,” Interior Secretary Ken Salazar told reporters last week.

Obama created the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling by executive order and on May 22 named as co-chairmen Bob Graham, former Democratic governor of Florida, and Republican William Reilly, a former Environmental Protection Agency administrator. The panel aims to issue a report, with recommendations on steps to avert future offshore drilling disasters, by the end of the year.