Jefferson Institute Study: Oil and Gas Production Would Create 32,000 jobs;$119 Million in New Tax Revenues for Virginia
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9/17/2014 — Developing Virginia’s off-shore gas and oil production would result in up to 32,000 new jobs and produce up to $526 million in royalty payments and $119 million in state and local taxes. That’s the conclusion of a new study released today by the Thomas Jefferson Institute for Public Policy.