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Virginia Petroleum Council favors expanded drilling

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-28-07 09:22 AM
Original message
Virginia Petroleum Council favors expanded drilling
http://www.inrich.com/cva/ric/opinion/oped.apx.-content-articles-RTD-2007-10-26-0039.html

Developing our nation's domestic resources has a number of benefits for Americans in general, and Virginians in particular. Offshore energy development will enable us to use our own abundant natural resources, which will help keep energy supplies steady and secure, and energy prices stable, benefiting both consumers and businesses alike.

WHILE SOME benefits of increased energy development can be felt nationally, others can be felt closer to home. Northern Virginia, once considered the state's dairy capital (Really? in what decade was that? ) :eyes:, today hosts the Dulles Technology Corridor, as well as businesses ranging from consulting and defense contracting to agencies of the federal government. Virginia, within the past two years, has positioned itself as the state to do business in and has been recognized by Forbes magazine as having the best climate for business in the U.S. for economic growth, business costs/incentives, and quality of life. This agreeable business climate has benefited the state, which has the highest number of counties and independent cities listed in the top 100 wealthiest jurisdictions in the U.S., according to the 2000 Census. Adding offshore oil and natural gas development and production to the mix would further position Virginia as a business-friendly state, increasing its prosperity and prestige.

FOLLOWING the devastation of Hurricane Katrina, Virginia's economic structure was nearly crippled as a result of its dependence on Gulf Coast energy supplies.uh....what? Permitting energy development off our coast is a necessary first step to ensuring Virginia businesses continue to function, despite uncontrollable events elsewhere.

Additionally, Virginia may be eligible to share royalties from energy development activities, which could be used to fund statewide beautification initiatives, as well as new roads, schools, and hospitals. Just because offshore energy development is unfamiliar to Virginia doesn't mean it isn't well-suited for the state. oh yeah okay I am just SURE that it will all stay in state and be given over for public works projects :eyes:
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-28-07 09:27 AM
Response to Original message
1. a petro council in favor of more drilling? Who would have suspected that?
sharing revenues, as in stock options and bonuses for the top execs, right?
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-28-07 09:28 AM
Response to Reply #1
3. Oh yes surely
they just love giving it up for schools and roads and such

:eyes:
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williesgirl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-28-07 09:28 AM
Response to Original message
2. In order words, increase oil companies profits at expense of environment. Nothing will come back
to us in VA, I'm sure. This is pure bullshit. rec'd
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-28-07 09:37 AM
Response to Reply #2
4. Drilling offshore (Atlantic) and in the Chesapeake Bay
they have stopped actually mentioning the second part but that was a topic of conversation in the past. They have focus grouped on it and found that not mentioning that helps prevent the door getting slammed in their face at the outset, they really are just trying to get their foot in the door and then act like they were invited all along.

Like roaches.
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