Fracking California (4/2/13)
b'Tempting oil reserves trapped in California Monterey shale are raising the possibility of a fracking boom in California. \\u201cPeople began to come to me...asking about what a mineral estate was and how come the oil company that owned the mineral estate could eject them from the surface of the land,\\u201d said Steve Craig, a farmer in Monterey County and former director of the Ventana Conservation and Land Trust. Bill Allayaud of the Environmental Working Group explained that California \\u201chad regulations about well casings but no regulations about fracking.\\u201d But this is changing, said Mark Nechodom, Director of California\\u2019s Department of Conservation, \\u201cin historical use of fracturing in California we had no evidence that there is any environmental damage...and therefore we had not required reporting. Now we are requiring reporting.\\u201d Dave Quast of Energy In Depth, maintained that there could be important benefits to fracking California\\u2019s oil, \\u201conshore [American] oil developed under a very highly regulated regime is much preferable to getting it from Venezuela and some places that don\\u2019t have environmental protections,\\u201d he said. A conversation with four experts on the possibilities and risks of fracking California\\u2019s oil. This program was recorded in front of a live audience at The Commonwealth Club of California on April 2, 2013\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'