Tulane's Smith Interview on Deep-Water Oil-Drilling Ban

Sept. 16 (Bloomberg) -- Eric Smith, a professor at Tulane University, talks with Bloomberg's Melissa Long and Lizzie O'Leary about the Obama administration's decision to halt deep-water drilling following the BP Plc oil spill in the Gulf of Mexico and its impact on jobs in the region. The administration today lowered its estimate for lost jobs from the moratorium to no more than 8,000 to 12,000, from more than 23,000. (Source: Bloomberg)