Commentary: Monterey Shale Offers Economic Opportunity
From The Sacramento Bee, a commentary by John T. Young Jr.:
“If fully tapped, the Monterey shale could be a game-changer for California’s energy portfolio, as well as the broader statewide economy. … But tapping this kind of oil supply isn’t easy, especially in a state like California, where resources are so heavily regulated. …
“Senate Bill 4, for instance, a bill currently making its way through the California Legislature, would establish a process to restrict hydraulic fracturing – a critical process for breaking shale rock and accessing the oil within it.”
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