A few thoughts. First, the term is moratorium.
Second, do you consider drilling additional deepwater wells, in light of what happened with deepwater horizon, to be a wise decision?
See, the problem with drilling new deepwater wells is that we're really not quite sure HOW TO TURN THEM OFF if something goes wrong. And, spilling hundreds of millions of gallons of oil along our shoreline really isn't good for business, either.
Lastly, Louisiana has been tracking jobs lost due to the moratorium. The job losses have been far less than 100k. In fact, they've been less than 500. Not not 5,000, or 50,000, but 500.
http://www.debatepolitics.com/break...la-home-drilling-towers-idled-moratorium.html
Get a grip on your girdle, myrtle. See what happens when you get your view of the world from biased sources?