TV News LIES

Saturday, Aug 01st

Last update06:10:38 AM GMT

You are here News Environment Are We Trading Our Health For Oil in New, Fracking-Induced California Gold Rush?

Are We Trading Our Health For Oil in New, Fracking-Induced California Gold Rush?

E-mail Print PDF

FrackingBeneath the farms, orchards and vineyards of Central and Southern California lies a prehistoric soup worth a fortune. The mineral-rich Monterey and Santos shale formations stretching 1,750 square miles across the San Joaquin Valley and the Los Angeles Basin hold a watery mixture of oil and gas – but it’s the oil that may trigger another gold rush. That is, if companies can figure out a profitable way to tap it.

The U.S. Energy Information Administration reported that the contiguous 48 states hold an estimated 23.9 billion barrels of recoverable oil, of which an astounding 15 billion barrels are in the Monterey/Santos formations. California has been plumbed for oil extraction and production for 150 years, but getting to the Monterey’s mother lode is no easy task.

“Producing Monterey Shale oil could make panning for gold look easy,” wrote David Brown in the American Association of Petroleum Geologists’ publication The Explorer. The formation is fractured and faulted. But that’s not all. The shale is, on average, almost 1,900 feet thick and 11,200 feet deep. This makes accessing the oil tricky, and conventional methods won’t suffice.

More...


Most Recent Related Stories...


Gasland Video of the Week: Earth Speaks, Fracking on Tribal Land

Blackfeet NationThere are many ways to look at the destruction fracking is causing. Often we focus on...

13 Climbers Suspended From Bridge Blocking Shell Oil Vessel From Heading to Arctic

Bridgehanging protestersThirteen Greenpeace climbers remain suspended below the St. John’s Bridge, blocking the Shell Oil vessel‘s route...

Greenpeace protest: Controversial ship Fennica moves through protesters on St. Johns Bridge

Greenpeace protestAfter more than six hours of relative quiet, boats manned by Coast Guard officers and Portland-area...

3-hour Canadian tornado likely one of world's longest

Canada tornadoThe massive tornado that roared across the Canadian province of Manitoba late Monday was on the...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!