The California Office

Empirical opinion, intuitive viewpoints and the world we live in...by the savvysymbiont

Friday, March 10, 2006

California's offshore oil drilling issues

>12 rigs within 3 miles of the coast.

>24 rigs beyond 3 miles of the coast.

There are no known pipelines in or out of the state that supply California with its oil needs. All oil inbound to the state comes by tanker ship.

There are oil leases that cover 324 miles of California coastline that contain over 1 billion barrels of oil worth over an estimated $2.6 billion.









Currently, the leases have been blocked for renewal and are awaiting further investigation by the federal government.

Players:
Steve Westly - State Comptroller and State Lands commission Chairman
Paul Mont II - Resource Management Division Chief
Richard Carter - environmental defense Management member
Jim Costello - Mayor of Pacific Grove, California
John Martini - CEO California Independent Petroleum Association

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