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Oil formation could fuel Valley boom
2013-10-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Hanford Sentinel: The cure to Kings Countys unemployment problem could be oil thousands of feet underground, according to a California State University, Fresno study released Friday. The study forecast that major development of the multi-county Monterey Shale oil formation could create 195,000 jobs, generate $22 billion in personal income and produce $6.7 billion in new taxable sales. The study, commissioned by the Western States Petroleum Association, was conducted by Fresno State economics professors Antonio...
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Category:Electronics and Electrical