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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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