The Gulf of Mexico (GOM) oil and natural gas industry is a key economic hub for the US, supporting significant employment, gross domestic product (GDP), and state and federal government revenues. As such, political efforts to limit offshore oil and natural gas production would not only devastate Gulf Coast economies but would damage the US, according to a recent study released by the National Ocean Industries Association (NOIA). The 116-page study titled The Economic Impacts of the Gulf of Mexico Oil and Natural Gas Industry, was prepared by Energy & Industrial Advisory Partners (EIAP) and includes such topics as the ... (full story)