Virginia’s new Gov. Bob McDonnell delivered his State of the Commonwealth address Jan. 18, fleshing out the policy programs he mentioned in his earlier inaugural address. While he did not use the word “manufacturing” — the term we’ve been searching for in governors’ addresses this month — the Republican governor did talk about “industry,” e.g., the bio-tech industry, an industrial mega-site, the wine industry, and, with the most detail, the energy industry.
McDonnell’s prescription for economic growth via energy is an all-of-the-above approach, including offshore oil and gas development, nuclear power, coal and bio-fuels. The Virginia governor is giving the Republican response to President Obama’s State of the Union address Wednesday, but his vision of energy development is non-partisan and one that the President would profitably embrace in pursuit of jobs, growth and tax revenues.
From McDonnell’s prepared remarks:
I am committed to utilizing all of our vast, God-given natural resources to make Virginia the “Energy Capital of the East Coast.” We must do our part to promote American energy independence.
We have the opportunity to be the first state on the Eastern Seaboard to sell the leasing rights to explore and drill offshore for oil and natural gas in 2011. The federal moratoria have been lifted. The state that is first will reap an economic bonanza. We can lead or be left out. Four years ago you had the foresight to pass legislation giving us a critical advantage. We cannot now let Washington bureaucracy undermine the clear desires of the people of Virginia.
I have written to Secretary of Interior Ken Salazar, and have let our congressional delegation know that this is a priority for our Commonwealth, consistent with President Obama’s commitment to make our nation more energy secure. Several studies show that environmentally-safe offshore exploration and production will create thousands of jobs, put hundreds of millions into our depleted state coffers, and spur billions in capital investment in the Old Dominion. There are many unemployed Virginians who are ready to work in the oil and gas production industry. (continue reading…)

