June 4th, 2010
01:39 PM ET

Sign of the times? Residents voice anger about oil disaster

The graveyard of crosses was created “in memory of all that is lost. Courtesy of BP and our federal government," according to a nearby sign.

Signs in Lafourche Parish in southern Louisiana point to what’s weighing on folks living there.

Outside Larose’s Southern Sting Tattoo Parlor, the words “God Help Us All” are affixed to life-sized models of an adult wearing a gas mask and a child – and fish – dripping in oil.


June 4th, 2010
09:19 AM ET

Rigs taking drilling, jobs abroad in wake of moratorium

With a moratorium in place, some rigs are taking their business elsewhere.

Of the 33 oil rigs in the Gulf of Mexico that have been slapped with a six-month moratorium, at least two are already on track to move abroad, an official in Port Fourchon, Louisiana, told CNN.

The contracts for these rigs are now void and that leaves the door open for these worldwide oil companies to take their drilling – and the jobs these rigs fuel directly and indirectly – elsewhere, said Chett Chiasson, executive director of the Greater Lafourche Port Commission.

Port Fourchon is a main service base for the gulf’s oil industry, and the suspension of the rigs – all served by businesses operating from the port – will be “devastating,” the commission executive said.

Chiasson could not say which company or companies had already made plans to leave. Most likely they will head to waters outside Brazil or Nigeria, but he said information he’s been getting from the industry shows two have formed departure plans and several others are weighing options.

“Oil companies are in business to make money,” Chiasson said. “They’re going to shop these rigs around.”

CNNMoney.com: Drilling ban to cost thousands of jobs