Small potatoes....the recently discovered New Monterey Shale in California...runs from San Jose to LA weighs in at 500 Billion barrels.
Both eclipsed by the Green River Formation with 3 Trillion barrels of which over 1 Trillion is recoverable with today's technology.
The Rand Corporation, a nonprofit research organization, estimates that 30 to 60 percent of the oil shale in the Green River Formation can be recovered. At the midpoint of this estimate, almost half of the 3 trillion barrels of oil would be recoverable. This is an amount about equal to the entire world's proven oil reserves. ...
The Green River formations are oil shale and are not feasible: some day, perhaps, but not now.
Remember: There are billions of barrels we can recover today that were out of our reach just decades ago. That means that technology soon will probably give us that which is now impossible to reach. Plus, some new form of energy is almost certainly bound to appear before we use up fossil fuel.
If those fields are so great, why is CA bankrupt?