I have said over and over the key to California’s Fiscal problems are at the waters edge.
Unlike legalizing drugs this is real wealth and job creation.
If California would lift the offshore drilling ban it would have billions in monies from taxes, job creation, etc..
The Oil Companies know there are potentially millions or billions of barrels of oil off the coast and California would benefit from a huge boom if it would reverse and allow off shore drilling.
With everything taken into account we could be talking a $1 to 2 Trillion impact in the economy.
It makes too much sense, doesn’t it? But it’s a CA business that doesn’t involve self gratification of any kind, probably not exciting enough of a way to make money for anyone out there to notice. If you can’t market it in a movie-of-the-week format, it goes right over their heads. Try tying profitability to solving the celebrity addict crisis, and you have a winner.