” In the wake of the International Energy Association’s extremely bullish report about America’s hydrocarbon potential, the San Diego Union Tribune has published an editorial calling on California Gov. Jerry Brown to tap the state’s mammoth shale oil resources.
How big are they?
According to the EIA, the Monterrey Formation, which covers an enormous chunk of Southern California and terminates near Santa Barbara, has 15.4 billion barrels of recoverable crude — four times as much as the Bakken formation in North Dakota.”
2 Responses to EIA: Shale Resource Under Santa Barbra CA. is 4 Times Larger Than the Bakken
Fracking in that region probably WILL trigger “The Big One” and Cowleefawnia will submerge just like Atlantis of old.
It’ll be interesting to see how this plays out with the prospect of state bankruptcy looming larger with each passing month. It will be the supreme test for the tree huggers in the land of “fruits and nuts”
They will extract the earl and take the money in the end.
Their only other alternative is “diminishing, and passing into the West.”
And we know Mordor never takes that route…
Leave a Reply
You must be logged in to post a comment.