Tagged: regulation

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.

Three bills that would regulate California’s “Buy Here, Pay Here” used car industry are moving through the State Capitol despite some growing opposition. The critics include several used car dealers associations and some local chambers of commerce.

Former Republican Assemblyman Roger Niello is with the Sacramento Metro Chamber of Commerce. He’s also the owner of several auto dealers. He says efforts to crack down on what the bills’ authors call “predatory lending” would backfire on the very people the legislation is intended to help.