◼ An unexpected glimmer of hope might cast a new light on the Golden State. - The American
“...The fossil fuel deposits in California are incredible, the potential is extraordinary,” Brown stated last month, also noting that “between now and development lies a lot of questions that need to be answered, and I feel confident that the people are in place in my administration to handle the issues as they come up.” Brown also reaffirmed his commitment, such as it is, to the state’s oil economy, declaring that “our permits are dramatically up … California is the fourth-largest oil producing state and we want to continue that.” It may be some time before fracking becomes a reality, but Brown is plainly both feeling the pressure and sensing the promise.
So for all the talk of a new, high-tech, white-collar economy bringing California back from the brink, it may turn out that one of the oldest and dirtiest industries around will save the future of the Golden State.
