the reality, as we can tell, drilling is unlikely in any case while the matter is still in court. with me now, jefferson parish council president john young and reverend tyrrone edwards of the zion baptist church. thank you for joining us. great to be here. you and i talked about the moratorium not too long ago. the fate of that is still up in the air, it s fair to say. it s a good decision. it s very unlikely anyone will start drilling again. very quickly, i want to make sure people understand this. you re in favor of not i m opposed to the moratorium. in favor of drilling? if favor of deepwater drilling. we can have safety and drilling that can coexist. is that the prevalent thought down here? prevalent mood down here. they will tell you they want drilling to continue. it s not only an issue for south louisiana, it s a national issue. this is going to affect the
federal court whether oil workers can go back to work. that s after others from another country took away fishing jobs. since then, fishermen, oil workers, everyone has been told again by others how to clean up the oil, whether or not they can build jetties to block it or even where the waste is going to be dumped. don t want it? too bad. others already made the decision for you. they ve been lied to by others, stiffed out of competition by others, told by others to stay 65 yards away from the cleanup. people down here are fiercely independent. but their means of independence is gone. they re proudly self reliant with no choice now but to rely on others, on bp and the government, who have yet to earn their trust. now, before i turn to my guests, a bit more on what the court of appeals decided in new orleans. it denied the government s quest to continue the ban on deepwater drilling until the appeal is decided.
a bit more on what the federal appeals court decided in new orleans. it denied the government s quest to continue the ban on deepwater drilling until the appeal is decided. the reality, as we tell, drilling is unlikely in any case while the matter is still in court. with me now, jefferson parish council chairman john young and the reverend tyrone edwards of the zion baptist church. thank you for joining us. great to be here. you and i talked about the moratorium not too long ago. the fate of that is still up in the air, it s fair to say. it s a good decision. it s a pyrrhic victory because, like you said, it s very unlikely that anyone will start drilling again. very quickly, i want to make sure people understand this. you re in favor of not i m opposed to the moratorium. in favor of deepwater drilling. we can have safety and drilling that can coexist. is that the prevalent thought down here? prevalent mood down here. they will tell you to a person, they want drilling
great way is replace oil. it would mean that three-quarters of the oil we use every day would have to be imported. we already import 64% of the oil. some may remember the oil shortages of 1973, long gasoline lines, skyrocketing prices. that occurred when opec held back 7% of the oil it had been sending. again, we currently get 10% of the crude from the gulf. clearly the b.p. spill is a disaster of the likes we have never seen, but to stop or significantly curtail drilling in the gulf could create an economic disaster. chris? chris: no easy answer here. thank you for that. mixed news from wholesalers today. inventory rose in may by half a percentage point but sales were down .3 of a point. stocks ended the week on a positive note. the dow gained 59. the s&p 500 added 7 3/4. nasdaq was up 21. legal experts say thursday s ruling by a judge in boston,
drilling is unlikely in any case while the matter is still in court. with me now, jefferson parish council president john young and reverend of the zion baptist church. thank you for joining us. great to be here. you and i talked about the moratorium not too long ago. the fate of that is still up in the air, it s fair to say. it s a good decision. it s very unlikely anyone will start drilling again. very quickly, i want to make sure people understand this. you re in favor of not i m opposed to the moratorium, in favor of drilling? if favor of deepwater drilling. we can have safety and drilling that can coexist. is that the prevalent thought down here? prevalent mood down here. they will tell you they want drilling to continue. it s not only an issue for south louisiana, it s a national issue. this is going to affect the nation if we don t continue drilling in the gulf of mexico. last time we talked, you were pretty critical of what s been