“Drill Baby Drill” in California

Russ Steele

The States actively drilling for shale gas and oil have some of the lowest unemployment rates in the nation.  In North Dakota where the majority of the Bakken Oil Files is, the unemployment rate is under 4%.  In California we are stuck in the 11% range.  The Energy Information Administration’s (EIA) recently published an assessment shale gas and oil resources in the United States:  Review of Emerging Resources: US Shale Gas and Oil Plays

On page 73 of the Report is a Summary of West Coast Resources:

The active area for the Monterey/Santos shale play is approximately 1,752 square miles in the San Joaquin and Los Angeles Basin. The depth of the shale ranges from 8,000 to 14,000 feet deep and is between 1,000 and 3,000 feet thick. The shale oil play has about 15.42 Billion barrels of technically recoverable oil.The Monterey/Santos oil field in California is estimated to four times the technically recoverable oil as the Bakken Oil Field in North Dakota.

Harold Hamm, Continental Oil, estimates the Bakken oil field will produce six times, about 24 billion barrels more  oil than the EIA estimate, which are know to be conservative.  Harold Hamm also believes that the San Joaquin Monterey California fields are the next big horizontal drilling play.

The question is will California Environmental Wackos stop the development in shale oil and gas in the Monterey/Santos Basins, destroying potential jobs and raising the cost of energy in the state?  CARB does not want any low cost competition for it’s expensive alternative wind and solar energy.

Just think, we could have the same unemployment rate as North Dakota if we were willing 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 “Drill Baby Drill” in California

  1. sean2829 says:

    Since just about anyone has standing in California in an environmental issue, the cry is going to be “litigate, baby, litigate”. In all honesty, it looks like the country is quite flush in natural gas so it not a big deal to the rest of the world if you don’t find more of that. Oil has tremendous value but why have blue collar extraction jobs paying $40 or $50 an hour when you can generatre $250 an hour with law suits.

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