California, searching for money anywhere, turns to black gold
California, searching for money anywhere, turns to black gold
In a state where almost nothing is free of politics, the idea of tapping into California’s fossil fuel wealth to generate badly needed revenues is again touching off a partisan fight. There are two proposals being floated in front of the Legislature that would profit off of California’s oil and natural gas reserves but in two very different ways. First, Democratic Assemblyman Pedro Nava wants to impose a 10% oil severance tax on each barrel of crude pumped out of California, but he does not propose allowing any new drilling. Then, GOP Assemblyman Chuck DeVore estimates we can raise $16 billion by opening up new bids for oil and gas drilling throughout the state, but without onerous taxes on oil companies. What’s the best way to make a buck off of our black gold?
Guests:
Assemblyman Chuck DeVore, Republican - Irvine,
Assemblyman Pedro Nava, (D- Santa Barbara)
- Patt Morrison for January 7, 2010
- California, searching for money anywhere, turns to black gold
- Prisons by the numbers
- President Obama’s national security/intelligence speech
- Do hard economic times = more domestic abuse?
Also on this episode
Events
Comedy Congress Live
Wednesday, February 29, 2012
7:30 p.m.
- 9 p.m.
The comedic material emanating from Washington D.C., and state capitols across the country, is enough to make any sitcom writer jealous, even if most of that comedy is unintentional. Our motto on Comedy Congress is that just when politics makes you want to cry, it’s usually best to laugh.
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