McDonnell Welcomes Offshore Va. Energy Report - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

McDonnell Welcomes Offshore Va. Energy Report

Posted:

RICHMOND, Va. (AP)- An industry-sponsored study concludes the development of oil and gas reserves off Virginia's coast would create thousands of jobs and grow the economy.

Gov. Bob McDonnell welcomed the findings of the study, jointly produced by the American Petroleum Institute and the National Ocean Industries Association.

The study released Thursday projected the offshore energy development would create about 5,000 jobs by 2025 and nearly five times that number a decade later. The state's economy would also grow by about $2.2 billion annually by 2035.

McDonnell has been an outspoken advocate of tapping oil and gas off the coast, but the Obama administration put those ocean reserves off limits following the Deepwater Horizon disaster in the Gulf of Mexico.

Before that, the government was expected to open those waters to exploration.

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Delmarva Power: Conserve Energy on Tuesday

    Delmarva Power: Conserve Energy on Tuesday

    Monday, September 1 2014 9:22 PM EDT2014-09-02 01:22:31 GMT
    Delmarva Power is asking customers to conserve energy on Tuesday due to high forecasted temperatures.More
    Delmarva Power is asking customers to conserve energy on Tuesday due to high forecasted temperatures.More
  • Woman Suing Ocean City Over Wheelchair Accident

    Woman Suing Ocean City Over Wheelchair Accident

    Monday, September 1 2014 9:22 PM EDT2014-09-02 01:22:24 GMT
    A woman who says a defect in a wheelchair sidewalk ramp in Ocean city caused her to fall out of her wheelchair and break her arm is suing the resort town for negligence.More
    A woman who says a defect in a wheelchair sidewalk ramp in Ocean city caused her to fall out of her wheelchair and break her arm is suing the resort town for negligence.
    More
  • Tourism Season Extending, Chamber Says

    Tourism Season Extending, Chamber Says

    Monday, September 1 2014 6:42 PM EDT2014-09-01 22:42:36 GMT
    Labor Day is often considered the unofficial ending to the summer season, but the Rehoboth Beach, Dewey Beach Chamber of Commerce is reporting that tourism is actually on the rise during the typically less popular months of September, October and November.More
    Labor Day is often considered the unofficial ending to the summer season, but the Rehoboth Beach, Dewey Beach Chamber of Commerce is reporting that tourism is actually on the rise during the typically less popular months of September, October and November.
    More
Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service