In a press release issued June 2, 2010, the National Ocean Industries Association (NOIA) warns that President Obama's moratorium on exploratory wells in the Gulf of Mexico and new deepwater drilling could cost Americans thousands of jobs and the government billions of dollars in revenue. NOIA also suggests that the President’s actions may end up increasing U.S. dependence on foreign oil, urging the government to take “less harmful solutions such as increased inspection and recertification of equipment.” According to NOIA, the offshore industry provides approximately 200,000 jobs in the Gulf of Mexico and an average of $13 billion a year in government revenue.