September 3, 2014, 10am PDT
The Bureau of Land Management will resume oil and gas leasing in California after a report by a scientific research organization established by the state legislature showed no correlation between fracking and groundwater pollution.
August 21, 2014, 11am PDT
Until recently, California's Monterey Shale was estimated to have the nation's highest amount of recoverable oil. Then the Energy Department revised their estimates, lowering it 96%, which turned out to be bad news for fracking moratorium advocates.
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.
April 8, 2014, 9am PDT
At 15 billion barrels, California's Monterey Shale is said to hold the nation's largest deposit of recoverable oil. The only problem is that its extraction has not proven to be economically profitable. Blame it on the shale's unique structure.
September 13, 2013, 8am PDT
SB 4 passed the legislature over strong objections from the oil and business community. California will go from having no well stimulation (includes acidizing) regulation set in statute to the nation's toughest, so why are environmentalists unhappy?
Los Angeles Times - Business
September 2, 2013, 9am PDT
Sacramento reporter John Myers suggests that if the oil industry and the Sierra Club both oppose a fracking bill - one for going too far; the other for not going far enough - then state Senator Fran Pavley's bill, "must be doing something right".
June 5, 2013, 6am PDT
What's the most productive way to utilize the fertile land that sits above California's vast Monterey Shale oil reserve? The environmental impacts of fracking on California's farmland could derail what promises to be an enormous oil boom.
April 12, 2013, 10am PDT
Environmentalists scored a major victory in federal court in their battle against fracking in California when a judge ruled that the BLM violated NEPA by not requiring an environmental review prior to auctioning rights for drilling in Monterey Co.
The Monterey County Herald
February 5, 2013, 12pm PST
Hydraulic fracturing may finally allow drillers to extricate oil from the Monterey Shale, creating a shale oil boom that could dwarf ones in states such as North Dakota. Environmentalists are digging in to limit the controversial practice.