Way Cleared for Oil Exploration 50 Miles Off Coast
The profile of this dredging rig is far greater than that of any oil rig fifty miles out.
During the campaign, Governor Bob McDonnell pledged to make Virginia the "Energy Capital of the East Coast." Today a major step was taken towards making that goal a reality. President Obama today directed his administration to proceed with oil and natural gas exploration and production off the coast of Virginia, making the Commonwealth the first state on the East Coast to drill offshore and paving the way for thousands of new jobs, billions in investment, and more money for transportation improvements. Watch out for the EPA weighing in on this one though.
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