May 22, 2014, 10am PDT
What a revision! The EIA changed the recoverable oil reserves in California's vast Monterey Shale formation from 13.7 billion barrels to 600 million barrels using existing technology. Also, for the first time, a California county banned fracking.
November 24, 2012, 5am PST
The public is increasingly showing support for hydraulic fracturing of oil and gas - and it's reflected at the ballot box as many pro-drilling candidates were elected. In fact, the debate has shifted from banning to what to do with new tax revenue.