Speaking about the President’s energy policy,
Governor McDonnell commented, “Virginia’s efforts to become the energy capital
of the East Coast include innovative, safe and affordable plans for investment
in nuclear energy,
coal, offshore exploration for oil and natural gas, and offshore wind energy development. It
will only be through a combination of these energy sources that the nation will
be able to meet its energy demands and curtail its dependence upon foreign oil.
Our plans to develop Virginia’s offshore oil and natural gas supplies
have been thwarted by the Obama administration’s failure to include drilling 50
miles off the coast of Virginia
in the five-year lease plan. Once again, rising gas prices are hurting families and
small businesses due to the shortsightedness of overzealous federal
regulators.”
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