[rjbemsha]

"[The formation] is a storehouse that, if developed, could add as many as 2.8 million jobs by 2020 and increase tax revenue for state and local governments by $4.5 billion, according to an analysis by University of Southern California academics."

[But opponents say:] "People have to start saying, 'Nope, [Monterey shale oil] stays in the ground,' because of climate change, and that line ought to be drawn in California."

[wita]

“[But opponents say:] “People have to start saying, ‘Nope, [Monterey shale oil] stays in the ground,’ because of climate change, and that line ought to be drawn in California.”

Opponents of the opponents have been heard to say, increased revenue in the hands of democrats can only lead to our next financial disaster.

[GOP Poet]

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[3Fingas]

California could have a new gold rush, but the politicians running that state and the welfare dependency that they created and now keeps them in power are morons.

[MasterGunner01]

If the CA Assembly would free Monterey shale oil for development, Gov. Jerry Brown would veto it.

The Environmental nuts would be ranting and raving about how dangerous it was, preserving the natural beauty, and global warming (aka climate change).

If development was be approved, at least one or several state bureaucracies would hamstring the project and jack-up the costs through the stratosphere. Obama might get the EPA involved to shut things down or delay the project.

I think I've covered most of the bases in the anti-Monterey oil shale development.