More than 3 billion barrels of oil is recoverable on the outer continental shelf, along with more than 30 trillion cubic feet of natural gas, according to the Interior Department, which announced the plan. States stand to gain royalties from extraction of these natural resources, and drilling could create hundreds of jobs.
But the plan faces a wave of bipartisan state opposition, led in part by Republican Gov. Larry Hogan of Maryland, who has said: "I’m not in favor of offshore drilling." A catastrophe on the scale of the Deepwater Horizon explosion and oil leak in 2010 would be disastrous for one of the state’s most precious resources, the Chesapeake Bay watershed.