SB 4
Feds Downgrade Monterey Shale Oil Reserves by 95.6%
LA Times op-ed highlights increase in trains transporting oil into California
The U.S. Energy Information Administration (EIA) is reducing its previous estimate for technically recoverable oil in California’s Monterey Shale from 13.7 billion barrels of oil to just 600 million barrels of oil—a dramatic 95.6 percent reduction. Has the oil industry been chasing rainbows in search of illusive “black gold” Monterey oil? For years, the oil …
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CONTINUE READINGOffshore Fracking Battles Brewing in the Golden State
Increased attention to fracking off the California Coast; what our state agencies can do about it
As prior blog posts and reports have detailed, hydraulic fracturing (“fracking”) has been occurring onshore in California for decades, yet without full disclosure to the public or state regulatory agencies. Recently, new reports of offshore fracking in both California and federal waters have surfaced, showing that fracking has also been underway off the coast for …
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CONTINUE READINGCalifornia Enacts Nation’s First Comprehensive Fracking Law—And Everyone’s Unhappy
Controversial But Promising, SB 4 Constitutes Tangible Progress on the Fracking Front
Late last month the California Legislature passed, and Governor Jerry Brown signed into law, the nation’s first comprehensive system of regulating hydraulic fracturing, the oil and gas drilling technique more commonly known as “fracking.” It turns out that no one–the oil and gas industry, surface landowners or environmentalists–is particularly happy with the new law. And …
CONTINUE READINGIs California Fracking Regulation Out of Focus?
I’ve long been skeptical of the push that some on the left have made to ban hydraulic fracturing of natural gas. From an environmental perspective, I’d much rather have a natural gas-based fuel mix than one based on coal, and in any event, if there is that much money in the ground, people are going …
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