Well this makes me feel positively opsimistical about the financial future of the already wealthy! Hurrah for big oil! Hurrah for the murder of the environment! Hurrah for those jobs and even more McDonalds to feed the workers! Hurrah hurrah hurrah! "Today, though, they are doing it more often and in more places to try to tap an enormous buried treasure called Monterey shale. "Stretching from Los Angeles north along the coast and into the San Joaquin Valley, the formation is not just another potential new source of domestic oil. It is the grand prize, the richest oil shale formation in America. If it can be fully exploited – and that is not yet clear – it is estimated to hold enough oil to create hundreds of thousands of jobs, flood the state with tax revenue and halt oil imports to California for a half-century."
Posted on: Sun, 30 Jun 2013 13:51:49 +0000
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