On Tuesday, March 17, Monterey County’s Board of Supervisors voted against a temporary ban on hydraulic fracturing. In the 3-2 vote, the majority of Supervisors stated that there is “no evidence of an immediate threat to public health” and no pressing need to regulate fracking on the local level. There are currently no oil
Monterey Shale Formation
Study Shows Potential Significant Economic Impacts from Development of Shale Oil in the San Joaquin Valley
By Rebecca C. Guiao on
Posted in Uncategorized
Economists at California State University, Fresno recently published a study on the current and future economic impacts of oil production from the Monterey Shale Formation (MSF) in the San Joaquin Valley. The study was commissioned by the Western State Petroleum Association and responds to the need for a greater understanding of the petroleum industry’s…