An expert used California regulators’ methodology to estimate the cost of cleaning up the state’s onshore oil and gas industry. The study found that cleanup costs will be triple the industry’s projected profits.| ProPublica
By 1910, California was producing roughly a fifth of the world’s crude oil. Today it is producing roughly a fifth of the oil consumed by the state. Source In addition to experiencing serious oil production decline, California is also a “fuel island” due to the geographical and regulatory constraints| Powering the Planet