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 oi l— a dramatic 95.6 percent reduction. Has the oil industry been chasing rainbows in search of illusive “black gold” Monterey oil? For years, … Continue reading »
oil
As oil by rail gains momentum, is California on track to protect human health and the environment?
California will soon see a surge in the number of trains carrying crude oil into the state, as oil production in North Dakota’s Bakken region and Canada continues to increase, sending more crude to California refineries. Last week, the California Senate Environmental Quality Committee and Natural Resources Committee held a hearing on the safety of … Continue reading »