Speaking at a Richmond-area gas station as a backdrop, Gov. Bob McDonnell and other Virginia leaders on Thursday praised legislation in the U.S. House to move forward with oil and gas development in the Outer Continental Shelf, including areas off Virginia.
The other bill cited at the news conference was H.R. 1372, the Virginia Energy Act, sponsored by Rep. Bob Goodlatte (R-VA).
Excerpts from the news release:
Gov. McDonnell: “America has an energy policy problem. Today, Virginia businesses and families are paying, on average, $3.88 per gallon for gasoline. That’s up $1.00 from a year ago. The Energy Information Administration estimates that gasoline will cost the average U.S. household $1,210 more this year than in 2009. That is money that could be spent by families on education, groceries and vacations. Instead it is money being spent at the pump. The pain at the pump is the result of many factors, one of which is the result of our ongoing dependence on foreign sources of oil. That is why I strongly support increasing domestic energy production from every possible source, including wind, solar, biomass, nuclear, oil and natural gas. A key part of that effort should be the environmentally responsible development and production of oil and natural gas off of Virginia’s shores.”
Rep. Goodlatte: “Virginians understand that a major component in lessening energy costs is to produce more energy. I believe that Virginia should have every tool available to access its energy supplies. That is why legislation like the one the Congress is considering today, that would provide for access to Virginia’s energy supplies as well as legislation that I have introduced that would provide for revenue sharing with the Commonwealth for its energy resources are vital to the Commonwealth of Virginia. In addition to helping us become energy independent, access to these resources will help create thousands of jobs for Virginians and infuse the Commonwealth with new capital growth.” Read More