Comments on: CA not enjoying TX-sized boom in revenues from oil

By: Ulysses Uhaul

Ulysses Uhaul — Sat, 02 Nov 2013 16:30:00 +0000

Get used to it….this is a fair and balanced site like Huffington Post!

By: BobfromSanLuis

BobfromSanLuis — Sat, 02 Nov 2013 04:34:19 +0000

California also does not benefit from the same tax structure on oil revenues as Texas, Alaska and other states that have off-shore oil facilities; perhaps that is more of an explanation of our lack of revenues than this hit piece of “journalism” exhibited here. I am rather disappointed by the apparent “right wing slant” to the reporting here.

By: Ulysses Uhaul

Ulysses Uhaul — Sat, 02 Nov 2013 03:07:33 +0000

California follows the Spanish Model. Anyone society chasing windmills is doomed to failure!

-don quixote

By: Wayne Lusvardi

Wayne Lusvardi — Fri, 01 Nov 2013 13:52:25 +0000

North Dakota and Texas accounts for 2 million barrels out of the 2.4 million barrels of oil per day increase in oil production over the past 3 years. California has shown negligible growth in comparison.

And now some geologists are projecting the end of the fracking boom in another two years when existing fracking wells will run dry and the new Federal Reserve Chairwoman Janet Yellen hikes interest rates to trigger inflation to bring about full employment resulting in the end of free money and $100 barrel/day crude oil prices.

So California may entirely miss out on the boomlet from fracking. To the swift goes the race.