Which Way, L.A.?
Will California See Another Oil Bonanza — for Better or Worse?
California could be on the verge of another oil boom from the Monterey Shale Formation, which underlies much of the state, as new technologies might allow the extraction of billions of barrels of liquid petroleum. But will the environmental costs outweigh the benefits?
By Warren Olney • • 1 min readCalifornia could be on the verge of another oil boom from the Monterey Shale Formation, which underlies much of the state, as new technologies might allow the extraction of billions of barrels of liquid petroleum. But will the environmental costs outweigh the benefits?
