Discover Yahoo! With Your Friends

Explore news, videos, and much more based on what your friends are reading and watching. Publish your own activity and retain full control.

To get started, first

YOUR FRIENDS' ACTIVITY

    Webb, Warner propose offshore Va. exploration

    RICHMOND, Va. (AP) — Sens. Mark Warner and Jim Webb introduced legislation Wednesday to open waters off Virginia to gas and oil exploration in 2012 and to redraw maps to encompass more territory for drilling and bring in more revenue.

    Virginia had been banking on a lease sale of offshore tracts by 2012, but planned East Coast exploration was delayed at least until 2017 after last year's Gulf of Mexico oil disaster.

    Webb and Warner also proposed directing half of all leasing revenues back to the state, with a portion going toward land and water conservation efforts.

    Citing the nation's dependence on imported oil, Warner and Webb said the legislation is good for the economy and the nation's security.

    "We should not be sending hundreds of billions of dollars each year to oil-producing countries that do not like us," Warner said in a statement.

    "Opening up and expanding Virginia's offshore resources to responsible natural gas and oil exploration holds significant promise for boosting needed domestic energy production, while bolstering the commonwealth's economy," Webb said.

    The two Democrats have long supported offshore oil and gas exploration off the state's coast, provided it can be done safely.

    Warner said the legislation simply puts Virginia back on track for offshore exploration and will not result in drilling overnight.

    "All this does is start the process," he said in an interview. "We're seven to eight years away from drilling."

    Gov. Bob McDonnell has worked to bring exploration to the state's offshore waters as a cornerstone of his pledge to make Virginia an energy powerhouse. He had lobbied federal officials to alter the map off the coast to ensure a larger footprint for gas and oil exploration.

    The current exploration area encompasses 2.9 million acres, 50 miles off Virginia's coast.

    The map, which reflects the contours of the state's coast, narrows to a point as it moves farther into the Atlantic. The government estimates the area can produce 130 million barrels of oil and 1.1 trillion cubic feet of natural gas.

    McDonnell has argued the map is not favorably drawn for Virginia, and a reconfigured map would reap more revenues for the state.

    Legislation or administrative action is required to ensure that states get a share of revenues for energy exploration in federal waters off their shores. Gulf states receive 37.5 percent of energy revenue generated off their coasts.

    In a statement, McDonnell said offshore exploration has strong bipartisan support in Virginia, and would nudge the U.S. closer to energy independence.

    "We need more safe and reliable sources of domestic energy," said McDonnell, a Republican. "We need more jobs. Utilizing our offshore oil and natural gas resources accomplishes both of these goals."

    Seismic studies haven't been conducted in the waters off Virginia in decades and industry estimates forecast much higher gas and oil reserves than previously thought, based on new exploration technology.

    Environmentalists are skeptical, and contend offshore drilling isn't worth the environmental risks to tourism and fishing. They argue that estimates of oil and gas potential off Virginia represent a just sip compared to the nation's big thirst for energy.

    The Sierra Club's Virginia chapter and Chesapeake Climate Action Network each criticized the legislation Wednesday, arguing that Webb and Warner should focus on promoting renewable energy and clean job creation, primarily through offshore wind development.

    "People still remember the disaster in the Gulf Coast just last year and do not want to see a similar tragedy visited upon Virginia Beach," said Glen Besa, director of the state chapter of the Sierra Club.

    The American Petroleum Institute, an industry group, applauded the legislation.

    "Virginia represents just one of the many opportunities that exist to access an enormous amount of energy reserved in the United States," the API said in a statement.

    The Webb and Warner legislation would also:

    — Include the so-called Lease Sale 220 off Virginia in the nation's five-year gas and lease plan, starting in 2012.

    — Direct 37.5 percent off any leasing revenues to the state, and seek an additional 12.5 percent of any revenues toward land and water conservation, public transportation and alternative energy projects.

    Warner acknowledged that the legislation is far from a "slam dunk." He said, for instance, that the revenue sharing would require the backing of interior states that don't have potential windfalls from offshore development.

     

    28 comments

    • Ron  •  10 mths ago
      Of course they want to do it now....Hmmmm....election cycle just around the corner and having stonewalled any drilling since shutting down operations in the Gulf of Mexico...How apropos....
    • Obama.MUST.Go  •  10 mths ago
      Finally some Democraps are wising up. Can they now help wise up the president? DRILL BABY DRILL!
      • coogan 10 mths ago
        your facts are crap
      • A Yahoo! user 10 mths ago
        They are looking for votes. They don't want cheaper oil, they get everything handed to then. It is not like they don't want to use oil, hell they all have private jets...
      • Colonel Angus 10 mths ago
        fuktard
    • Brett Y  •  10 mths ago
      BP gives it a thumbs up.
      Fish give it a thumbs down.
      • RigdumFunidos 10 mths ago
        taxpayers give it a thumbs up.
      • KingTon 10 mths ago
        This taxpayer, who wants to eat fish gives it a thumbs down!
      • A Yahoo! user 10 mths ago
        Why can't you eat fish and drill? It can be done.
    • Larry  •  10 mths ago
      Would have already been selling these leases if not for NOBAMA.
    • Libsneedtobathe  •  10 mths ago
      DRILL DEEP ....FRACK HARD !!!!!!!
    • john  •  10 mths ago
      Don't propose it, just do it. Force the Obama administration to sue another state.
    • Brand X  •  10 mths ago
      Some morons would rather send our young men & women to die in a foreign land than figure out how to get energy right here at home
    • James  •  10 mths ago
      I don't like either party and don't particularly care for Senator Warner
      but Senator James Webb is a great Senator! for many reasons
      1)Senator Webb's son served in Iraq...when Bursh Jr. asked Senator Webb..."How's Your Boy doing?" Senator Webb's answer.."That's between me and my boy." A fantastic answer!!! In other words...please don't use my son to justify Your undeclared war
      2)America incarcerates a higher percentage of it's population than any country in the world
      and Senator Webb is 100% for prison reform...for that alone he deserves his Senate seat!
      3)When George Allen Jr...racially slurred an Indian American by calling him "Macaca"!!!
      Senator Webb challanged and beat him! also defying Nancy Reagan who opposed him ...even though he served in the Reagan Administration...
      Like I said...I'm not a Democrat...I'm a Ron Paul supporter...but Senator Webb represents the best of the Democratic Party!
      • Lloyd 10 mths ago
        Webb should be in jail for attempting to get a gun into the US Capitol. You think of him as the best of the Democrat party and you right, they are all trash.
    • john  •  10 mths ago
      Iraq imports 100% of their gas, they have no refining capability. Yet they pay only $0.25 cents a gallon, doesen't this bother anyone?
    • coogan  •  10 mths ago
      I voted for both of the and I like both of them but they are dead wrong here.
      • A Yahoo! user 10 mths ago
        Even your prius needs gas fool
      • coogan 10 mths ago
        I prefer to put it in the tank not on my beaches, fool
      • A Yahoo! user 10 mths ago
        That where it will go idiot. Drilling is safe, Even the gulf spill was less oil than what naturally leaks out every year. It can be done.
    • Minna  •  10 mths ago
      This is a terrible idea. I hope it fails. If they want domestic, safe energy why not invest in green technologies such as offshore windfarms.
      • Jeff 10 mths ago
        Because this idea works and is economically feasible.
      • Ron 10 mths ago
        You obviously know nothing concerning the reality of the sheer numbers of windfarms, solar panels, etc. necessary to compensate the energy requirements to run the nations grid. It is economically AND physically impossible (ps folks...a battery is NOT a renewable energy resource).
      • purr 10 mths ago
        well, if not wind power, how about power from wind and water?
        where waves break all the time - across the coastline........
        each time water moves in and moves out, we have motion, when there is motion, there is work, and work involved energy........
        why not harvest that?
    • KingTon  •  10 mths ago
      The sun shines everyday, why can't we use that? oh yea we can, why don't we use that? weird...
    • Kim  •  10 mths ago
      Just say no.
    • purr  •  10 mths ago
      read the historical articles
      exxonmobil from fairfax virginia was planning to shut down and move by end of ths year or next
      they must have made a sweet deal with them so they can claim they saved "jobs" for virginia citizens and in turn, exxonmobil got rights to drill ........
      simple as that...... they are all scratching each other's back, and we the citizens are left to dry.........

      welcome to ethics of modern politics..........
    • Captain Justice  •  10 mths ago
      Why only half of the lease money for the state??? Doesn't that sound libtardish? Who pockets the rest? retired Senators???
    • playahata  •  10 mths ago
      "The Republicans are destroying our environment. They only love corporations." Oh, I won the election and all of the LIBTARDS voted for me? OK, let's get our OWN oil instead of paying the towle heads for it and having them dictate our foreign policy. (Privately) gee, I guess the republicans were right all along. (Publicly) The Republicans are the party of NO.
    • StardustBound  •  10 mths ago
      WEbb was the dirty man that puts government health care over the top. That will be his legacy: the complete destruction of the country's medical system. Two pieces of slime to represent the state of Jefferson and Washington, etc. Sad...this country is finished.
    • John Wayne  •  10 mths ago
      Another thing, I am upside down $60,000 on my townhome. Before the housing bubble I was $125,000 in equity. My loan originated through Fannie Mae. The President's plan was supposed to help people like me. But I was told I make too much money! $47,000 a year, and I can't afford groceries. My healthcare costs have risen 30% under Obama, my paycheck has remained the same. No raises at my job in 2 1/2 years. Now we have the crushing job killing gas prices to boot. The Democrats seem to be doing everything but backwards. I miss Bill. Even though a liar, he knew what America needed to work.
    • Free style  •  10 mths ago
      Maybe Holtzman Oil in Mt. Jackson Va will be there to drill. Lord knows his Daughter Senator VOGEL has given him a free rein to jack prices up all over the state at his will.
    • Lloyd  •  10 mths ago
      Maybe we can get a bunch of hampsters to run in those little wheels to generate power. What do ypu clowns, er, I mean liberals think, sound like a good idea? Oh, by the way, what do you want to do with the hampster poop? We would be living in caves if we listened to you.
    [ [ [['Connery is an experienced stuntman', 2]], 'http://yhoo.it/KeQd0p', '[Slideshow: See photos taken on the way down]', ' ', '630', ' ', ' ', ], [ [['Connery is an experienced stuntman', 7]], ' http://yhoo.it/KpUoHO', '[Slideshow: Death-defying daredevils]', ' ', '630', ' ', ' ', ], [ [['know that we have confidence in', 3]], 'http://yhoo.it/LqYjAX ', '[Related: The Secret Service guide to Cartagena]', ' ', '630', ' ', ' ', ], [ [['We picked up this other dog and', 5]], 'http://yhoo.it/JUSxvi', '[Related: 8 common dog fears, how to calm them]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 5]], 'http://bit.ly/JnoJYN', '[Related: Did WH share raid details with filmmakers?]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 3]], 'http://bit.ly/KoKiqJ', '[Factbox: AQAP, al-Qaeda in Yemen]', ' ', '630', ' ', ' ', ], [ [['have my contacts on or glasses', 3]], 'http://abcn.ws/KTE5AZ', '[Related: Should the murder charge be dropped?]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 5]], 'http://yhoo.it/JD7nlD', '[Related: Bristol Palin reality show debuts June 19]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 1]], 'http://bit.ly/JRPFRO', '[Related: McCain adviser who vetted Palin weighs in on VP race]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['the 28-year-old neighborhood watchman who shot and killed', 15]], 'http://news.yahoo.com/photos/white-house-stays-out-of-teen-s-killing-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120411/martinzimmermen.jpg', '630', ' ', 'AP', ], [ [['Titanic', 7]], 'http://news.yahoo.com/titanic-anniversary/', ' ', 'http://l.yimg.com/a/p/us/news/editorial/b/4e/b4e5ad9f00b5dfeeec2226d53e173569.jpeg', '550', ' ', ' ', ], [ [['He was in shock and still strapped to his seat', 6]], 'http://news.yahoo.com/photos/navy-jet-crashes-in-virginia-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120406/jet_ap.jpg', '630', ' ', 'AP', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]
    [ [ [['did not go as far his colleague', 8]], '29438204', '0' ], [ [[' the 28-year-old neighborhood watchman who shot and killed', 4]], '28924649', '0' ], [ [['because I know God protects me', 14], ['Brian Snow was at a nearby credit union', 5]], '28811216', '0' ], [ [['The state news agency RIA-Novosti quoted Rosaviatsiya', 6]], '28805461', '0' ], [ [['measure all but certain to fail in the face of bipartisan', 4]], '28771014', '0' ], [ [['matter what you do in this case', 5]], '28759848', '0' ], [ [['presume laws are constitutional', 7]], '28747556', '0' ], [ [['has destroyed 15 to 25 houses', 7]], '28744868', '0' ], [ [['short answer is yes', 7]], '28746030', '0' ], [ [['opportunity to tell the real story', 7]], '28731764', '0' ], [ [['entirely respectable way to put off the searing constitutional controversy', 7]], '28723797', '0' ], [ [['point of my campaign is that big ideas matter', 9]], '28712293', '0' ], [ [['As the standoff dragged into a second day', 7]], '28687424', '0' ], [ [['French police stepped up the search', 17]], '28667224', '0' ], [ [['Seeking to elevate his candidacy back to a general', 8]], '28660934', '0' ], [ [['The tragic story of Trayvon Martin', 4]], '28647343', '0' ], [ [['Karzai will get a chance soon to express', 8]], '28630306', '0' ], [ [['powerful storms stretching', 8]], '28493546', '0' ], [ [['basic norm that death is private', 6]], '28413590', '0' ], [ [['songwriter also saw a surge in sales for her debut album', 6]], '28413590', '1', 'Watch music videos from Whitney Houston ', 'on Yahoo! Music', 'http://music.yahoo.com' ], [ [['keyword', 99999999999999999999999]], 'videoID', '1', 'overwrite-pre-description', 'overwrite-link-string', 'overwrite-link-url' ] ]
    Loading...