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Editor's Note

Nov. 1, 2013

Editor's Note

Here in California, a full-blown fracking boom isn't exactly inevitable. But then again, 15 billion barrels of oil is an awful lot to just leave sitting in the ground. That's how much crude may be trapped deep within a geological formation known as the Monterey Shale - a mother lode that could, if fully exploited, generate more than $24 billion in new tax revenue and create almost three million jobs.

Of course, hydraulic fracturing does carry risks, not the least of ...

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