A missed energy opportunity

A missed energy opportunity

Orange County Register | May 15, 2014 | by TIMOTHY CONSIDINE

I recently examined the economic and environmental impact of tapping into those reserves and increasing the state’s oil and gas production. Depending on production levels, California could expect to add from 67,000 to 557,000 jobs per year. State and local governments could see between $1.1 and $8.2 billion in additional tax revenue, while the state domestic product could increase anywhere from $8.5 to $63 billion.

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Californians for Energy Independence is a coalition that supports state and local policies that allow for continued domestic energy production and opposes those policies – such as oil taxes and energy bans—that would hinder production and increase reliance on foreign oil.

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