Congressman Eric Cantor (VA-07) today released the following statement on the energy portion of the American Energy & Infrastructure Jobs Act being marked up by the House Natural Resources Committee. This measure requires the Obama Administration to move forward with new offshore energy production and establishes fair and equitable revenue sharing for coastal states, including Virginia.
"Developing Virginia's offshore energy resources will both create high-quality private sector jobs and help reduce our dependence on foreign oil. The American Energy & Infrastructure Jobs Act removes government red tape preventing domestic energy development and ensures Virginia receives a fair share of the revenues without interrupting military operations along our coast.
"Despite President Obama's claims of an "all-of-the-above' energy approach, his policies have halted new energy exploration off the coast of Virginia. Given the broad, bipartisan support among Virginians, I will continue to work to ensure Virginia's energy resources are developed in a safe and responsible way."