The Fall of California (and the Rise of North Dakota)
Stephen Moore, in the Wall Street Journal, on yet another aspect--the war against energy production--of the collapse of the Golden State:
While North Dakota's oil production has tripled since 2007 (to more than 150 million barrels in 2011), the Golden State's oil production has fallen by a third in the past 20 years, to 201 million barrels last year from 320 million in 1990. The problem isn't that California is running out of oil: In 2008, when the USGS estimated four million barrels of recoverable oil from the Bakken, it estimated closer to 15 million barrels in California's vast Monterey Shale.
Rather, California's problem is politicians—at the behest of their green-energy allies—deciding to wall off the state from developing evil fossil fuels....[w]ith its prohibitive environmental regulations, state cap-and-trade law, costly renewable energy mandates and 40 years of prohibitions on almost all offshore drilling....This month, according to North Dakota's Department of Mineral Resources, California is no longer America's third-largest energy-producing state—leapfrogged by North Dakota.
A population of 38 million is being held hostage, to overstate the case only a little, by the unwillingness of a few tens of thousands in Malibu, Santa Monica, and Venice (yes, Rob's neighborhood) to risk cluttering their ocean views.