Well-Heeled and Wrongheaded in California

Well-Heeled and Wrongheaded in California

City Journal | September 12, 2014 | by Steven Greenhut

But Steyer has been consistently outmaneuvered on the two issues that seem dearest to him: halting hydraulic fracturing and slapping petroleum companies with an oil-severance tax. …On the fracking front, California recently passed industry-backed regulations that put some limits on the practice but essentially allow the technology to move forward.

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