Texas wants oil riches, California doesn’t. We’d rather skip the jobs & taxes and slaughter golden eagles to get our clean energy.
You don’t have to realize any benefit from humongous amounts of oil in the ground.
California isn’t. California doesn’t want to.
A great Wall Street Journal editorial summarizes Texas wanting oil and getting much wealth while California doesn’t want either: A Tale of Two Oil States.
The editorial says Texas pumps more oil than the next four largest states combined and could double their production by 2016 and triple in another decade. Production in California is declining.
The editorial points out there about 400K oil jobs in Texas but only around one-tenth that, or 40K, in California.
Warning: sarcasm alert. I try to avoid destructive humor. When I look at foolishness about energy, ridicule obviously becomes a great tool to point out the foolishness.
There is a lot of oil here: Read more…