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 | Offshore Drilling: Drilling Rights off VA Coast Facing a Delay |
 A federal plan to sell oil and natural-gas drilling rights off the Virginia coast in November 2011 is facing a delay. The director of Virginia’s Department of Mines, Minerals, and Energy was told by a member of a federal agency under DOI that more time is needed to conduct environmental studies on the program. It is unknown how long the delay on the lease sale will be – possibly until 2012 or later. The federal government’s five-year drilling plan calls for drilling leases on almost 3 million acres in an area about 50 miles off the Virginia coast. Obama’s administration is reviewing the plan, which was drawn up by the Bush administration; a congressional and presidential ban on Atlantic Ocean drilling ended in 2008. Virginia’s proposed lease sale would be the first since the ban ended. Governor McDonnell has said he hopes to see the sale proceed in 2011 as planned so that the revenue from drilling can be used to pay for roads and other state needs. It is believed that the proposed leasing area off Virginia could contain 130 million barrels of oil and 1.14 trillion cubic feet of natural gas.
Richmond Times-Dispatch: Article
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