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Energy Tomorrow Blog

Offshore Energy and Virginia

offshore development  virginia offshore drilling  oil and natural gas access  job creation  government revenues  economic growth  interior department 

Mark Green

Mark Green
Posted February 11, 2015

With federal officials holding one in a series of public hearings on the Obama administration’s draft offshore oil and natural gas leasing program today in Norfolk, Va., it’s worth underscoring the benefits that offshore energy could bring to the commonwealth.

These include 25,000 jobs by 2035, according to a study by Quest Offshore Resources, and nearly $1.9 billion for the state’s budget by 2035, with revenue sharing in place.

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U.S. Energy: For Jobs, and Opportunity

american energy  jobs  Economy  virginia  ohio  louisiana  north dakota  e15 

Mary Leshper

Mary Schaper
Posted August 19, 2014

Daily Press (Newport News, Va.) Editorial: With thoughtful planning and focused leadership, Virginia could be a titan of production and one the most important states for energy on the East Coast. Our natural resources have the commonwealth poised to be a national leader in energy, and properly utilizing them could create thousands of jobs and generate billions in revenue.

It is challenging to strike a balance between traditional energy sources, such as coal, oil and natural gas, and emerging renewables like wind and biomass. The Virginia Energy Plan, updated every four years by the Department of Mines, Minerals and Energy, serves as a guide.

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Virginia is For Energy Lovers

virginia  offshore energy  economic benefits  infrastructure  oil and natural gas development 

Mark Green

Mark Green
Posted April 28, 2014

Virginia is for lovers – of domestic oil and natural gas production and investments in energy infrastructure. That’s what you see in a recent Harris Poll of registered voters in the commonwealth: Strong support for developing domestic oil and natural gas, including offshore reserves, as well as increased spending on infrastructure.

Some of the numbers:

  • 80 percent support increased production of domestic oil and natural gas reserves. Just 11 percent oppose.
  • 89 percent support increased development of U.S. energy infrastructure.
  • 94 percent agree increased domestic oil and natural gas output could help strengthen America’s energy security.
  • 91 percent agree increased domestic oil and natural gas production could help stimulate the economy.

And so it goes – with similar, slam-dunk margins on other questions, from benefits to U.S. consumers to economic growth.

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What’s Fueling State Economies and Jobs Across the Country? Energy.

texas  pennsylvania  west virginia  alaska  wyoming  ohio  Economy  jobs  lng 

Mary Leshper

Mary Schaper
Posted April 15, 2014

Reading through the news-clips today one big message stood out: Energy is delivering promise and opportunity for states across the country. American energy is boosting local economies – from creating jobs to providing the energy we need. Take a look at what’s happening in energy in your state:

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Stepping Forward on Offshore Drilling

drilling  offshore access  offshore drilling  virginia offshore drilling 

Mark Green

Mark Green
Posted April 26, 2013

Take a look at the map below, one we’ve used before to show the vastness of America’s offshore oil and natural gas reserves – the overwhelming majority of which (in red) that’s off-limits for development.

offshore access

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Building on the Shale Revolution

hydraulic fracturing  ohio  pennsylvania  west virginia 

Jack Gerard

Jack Gerard
Posted October 4, 2011

It's hard to overstate the impact of the shale energy revolution in this country, spurred by fracturing technology and innovations in horizontal drilling. It's a revolution marked by dynamic economic growth, job creation and, of course the energy to drive our country's future.

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Virginia's Offshore Potential

access  domestic energy  energy  energy policy  government revenue  offshore drilling  outer continental shelf  virginia  atlantic  offshore drilling ban 

Jane Van Ryan

Jane Van Ryan
Posted January 10, 2011

Despite the administration's decision to ban offshore drilling in the Atlantic for at least seven years, many Virginia residents continue to look forward to the time when their portion of the Outer Continental Shelf (OCS) can produce energy as well as bring jobs and revenues to the Commonwealth.

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Energy Tomorrow Radio: Episode 113 - Recent Study Shows Economic Benefits of the Marcellus Shale

domestic energy  horizontal drilling  hydraulic fracturing  natural gas  new york  onshore  pennsylvania  revenues  severance tax  west virginia 

Jane Van Ryan

Jane Van Ryan
Posted July 27, 2010

In today's episode, I interview Dr. Tim Considine of the University of Wyoming about his recent study that quantifies the economic impact of developing natural gas in the Marcellus Shale formation, which stretches beneath large portions of New York, Pennsylvania and West Virginia. His study also looks at state policies that could hinder natural gas production in the region and slow economic opportunities. 

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