monterey shale

Fracking
6:04 pm
Wed May 21, 2014

Report Casts Doubt On Potential Of Monterey Shale Oil Production

An anticipated oil boom in California may be delayed a bit, if it happens at all. Katie Orr reports from Sacramento on some new estimates published today that could dampen the state’s fracking future.

Fracking is an oil extraction process that involves pumping large amounts of water, sand and chemicals into rock. It had been estimated California may be able to recover more than 13 billion barrels of Monterey Shale oil.

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Environment
11:42 am
Tue April 30, 2013

As 'Fracking' Debate Heats Up, Weighing Risks Key to Possible Monterey Shale Boom

Much of the Monterey Shale formation lies beneath the San Joaquin Valley. (file photo)
Credit Kathleen Masterson / Capital Public Radio

Could California be on the verge of a new gold rush? That’s the finding of a new study from USC about the potential economic impact of oil that lies deep beneath the Central Valley, known as the Monterey Shale. But extracting that oil isn’t easy, and it would require the use of a number of advanced techniques, including hydraulic fracturing.  And that’s attracted concerns from environmental groups and state regulators. Valley Public Radio’s Joe Moore reports on some recent developments in the fracking debate.

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