Editorial: High springtime gas prices a tradition

Editorial: High springtime gas prices a tradition

The Press Enterprise | April 18, 2014 | by The Editorial Board

But what’s really promising is the vast Monterey Formation shale oil deposits right here in California. A 2013 study by the University of Southern California found its full development could bring $222 billion a year in economic development and state and local government revenue increases of up to $25 billion.

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