Wednesday, April 04, 2012

What the Oil\Natural Gas Industry means for Virginia.....


With gasoline prices here in Augusta County right at the $3.99 gallon point it's once again time to look at what this industry already means to the citizens of Virginia as well as the potential to all of us...
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API has come out with additional facts regarding the industry in Virginia and what more can be done...

More than 128,000 statewide jobs provided or supported – with an average salary of $57,281 for non-gas station oil and natural gas employees.

$6.5 billion contributed to
state labor income.

$11.6 billion contributed
to the state’s economy.
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Virginia already has a strong economy and low un-employment rate as compared to the rest of the country and this may be the result of a state government that aggressively looks towards developing its energy industries. This was obvious at the Virginia Energy Summit a few years back...
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Imagine where we could be now if we were allowed by the Federal government and the Obama administration to drill for the know Oil\Nat gas resources off the coast of Virginia as well as other energy sources?...

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