Should California impose an oil extraction fee?

[○∙◄☻¥tπ[╪AV┼cVê└]

In 2006, Prop. 87, which would have had a 6% fee was defeated.
Sarah Palin increased the fees in Alaska to 25%.

[DC Al Fine]

I assume this is some sort of royalty? Sure

You'd make a great push poller Jfern

[○∙◄☻¥tπ[╪AV┼cVê└]

BTW, a pro-fracking bill recently passed here in California. The Monterey Shale has 15 billion barrels of oil that could be extracted with current techniques. Who needs Republicans when California Democrats screw the environment for you?

https://www.commondreams.org/view/2013/08/07

[barfbag]

BTW, a pro-fracking bill recently passed here in California. The Monterey Shale has 15 billion barrels of oil that could be extracted with current techniques. Who needs Republicans when California Democrats screw the environment for you?

https://www.commondreams.org/view/2013/08/07

I'm ok with drilling for oil in very small doses as long as it's not subsidized and no oil refineries.

[🐒Gods of Prosperity🔱🐲💸]

BTW, a pro-fracking bill recently passed here in California. The Monterey Shale has 15 billion barrels of oil that could be extracted with current techniques. Who needs Republicans when California Democrats screw the environment for you?

https://www.commondreams.org/view/2013/08/07

What do you mean by current techniques?  Aren't they having a hard time figuring out how to extract it?  Otherwise they'd be doing it already.

[○∙◄☻¥tπ[╪AV┼cVê└]

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http://money.cnn.com/2013/01/14/news/economy/california-oil-boom/index.html

[Sbane]

Before California allows anymore drilling, it should impose an extraction fee. Anyone who thinks otherwise is either an idiot, or doesn't have the best interests of California at heart.

[Ban my account ffs!]

Yes, they should.  That's part and parcel for any oil extraction by private interests:  The people get their share of the profits.

[The Free North]

Normally I would say, not an issue, but considering California's issues with their economy, I dont think this is what the state needs.

[Sbane]

Normally I would say, not an issue, but considering California's issues with their economy, I dont think this is what the state needs.

Umm, the California economy is doing just fine. You know that, right?

[Flake]

Normally I would say, not an issue, but considering California's issues with their economy, I dont think this is what the state needs.

Umm, the California economy is doing just fine. You know that, right?

They actually have a surplus!

Fun fact: The U.S. government has not had a surplus for each month since 2001

[Vosem]

Yes, actually; this can add to the state's surplus or lead to lower direct taxes on people while the industry itself is barely even harmed. Freedom Tax.