CA Losing Out More Ways Than One

Russ Steele

Here are some details in an AP Story in the SF Chronicle:

North Dakota is poised to surpass California and Alaska to become the nation’s No. 2 oil producer behind Texas.

North Dakota’s rise in oil production from the Bakken and Three Forks shale formations has propelled it from the nation’s ninth-biggest oil producer to fourth since 2006.

Department of Mineral Resources Director Lynn Helms says the state is rapidly gaining ground on California and Alaska. He says North Dakota should take the No. 3 oil-producing spot from California by the third quarter of next year.

California’s unemployment is 12.1 and headed up,  while North Dakota’s unemployment rate is 3.5% and headed down.

California refusal to drill offshore will doom the state to more unemployment and a sagging economy. The only way out of our slump is to “drill baby drill.”

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About Russ Steele
Freelance writer and climate change blogger. Russ spent twenty years in the Air Force as a navigator specializing in electronics warfare and digital systems. After his service he was employed for sixteen years as concept developer for TRW, an aerospace and automotive company, and then was CEO of a non-profit Internet provider for 18 months. Russ's articles have appeared in Comstock's Business, Capitol Journal, Trailer Life, Monitoring Times, and Idaho Magazine.

One Response to CA Losing Out More Ways Than One

  1. Greg Goodknight says:

    Loosing out? Tighten in is the answer. Sorry Russ, losing is the word you intended.

    I think oil production in CA won’t resume until Sac gets over its CO2 phobias.

    Russ’s Reply: Thanks for the typo correction.

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