March 31, 2010

API Applauds Bipartisan Effort for Virginia Lease Sale

Read API President Jack Gerard's comments about oil and natural gas leasing in Virginia.

"We commend this bipartisan effort to allow oil and natural gas leasing in federal waters offshore Virginia, a policy that more than two in three citizens of the commonwealth support. Virginians -- along with their governor, both of their Democratic senators, much of the congressional delegation and the city council of Virginia Beach, off which much of the development would take place -- understand that offshore leasing and development can bring much-needed jobs and revenues to the state, especially with a workable revenue-sharing provision.

Read the full article here.

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