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Offshore Virginia

EI_015_cMore energy, good jobs and increased state revenue can be produced safely.  The federal government estimates the proposed Sale 220 area contains about 130 million barrels of oil and 1.14 trillion cubic feet of natural gas. However, a study by ICF International, that takes into consideration the newest technology for finding resources, estimates that the development in federal waters offshore Virginia could produce more than half a billion barrels of oil and more than 2.5 trillion cubic feet of natural gas.

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