“If there’s going to be money made from drilling for gas, I want the city of Virginia Beach to benefit, period,” said Mayor Will Sessoms.
How exactly is Virginia Beach making money from drilling?
The Feds don’t allow for revenue sharing with coastal states, and if they did, Virginia wouldn’t spend it on roads in Virginia Beach. The limited number of jobs on rigs would be filled by workers from all over the U.S. Most offshore oil rig jobs call for a 14/21 day rotation, meaning working for 14 days and having 21 days off. This equates to having approximately 3/5 of the year off. For this reason, workers would not have to relocate their families and otherwise disrupt their lives to work on Virginia’s offshore rigs, opting to simply fly in from the Gulf Coast for the handful of times they are needed to work off Virginia’s shores.
Yet the visions of “jobs, jobs, jobs” dancing around Sessoms’ head remains as put there by Gov. Bob McDonnell. “This is the City Council showing support for the governor”, said Sessoms like any good lap dog.
Meanwhile, McDonnell has based his “jobs, jobs, jobs” song-and-dance entirely on a 2005 “report” by Dr. James V. Koch, local celebrity economist and former ODU president. Writes Dr. Koch in an email to me: “First, this really doesn’t qualify as a report. Indeed, I don’t even have a copy. I was given about 48 hours to produce a very quick estimate of the economic benefits (jobs, income, taxes) that might be generated by drilling off shore. Since I had no Virginia data, and no time to produce any, I looked at what had happened previously in Louisiana and a Canadian province as a guide. I did not have time to take environmental costs, etc., into account. I do not list this work on my C.V. because I did not invest the considerable time and attention that I give to the many economic impact studies that I do”.
To the right is a zoning map of Virginia Beach. The Louisiana that Dr. Koch looked to for modeling his economic projections is the one pictured above and below as riddled with green boxes, red circles and a myriad of grey lines. (The grey lines are pipelines; the red lines are pipelines damaged by Hurricanes Katrina and Rita.) With visions of those thousands of jobs and millions in revenue, Virginia Beach would have to be similarly riddled.
This is what Mayor Sessoms’ envisions off Virginia Beach?!? What a pawn!
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