The Monterey Oil Fields in California
Monterey holds twice as much oil and gas as the Bakken and Barnett shale fields combined.
Monterey’s potential exceeds that of the Kingdom of Saudi Arabia – by a factor of 3.
Monterey’s oil is sweet.
Monterey’s oil is close to the surface.
Monterey’s oil is easily accessible.
Monterey’s oil is inexpensive to ship to nearby refineries.
Monterey’s oil offers $24 billion in potential state tax revenues.
Monterey’s oil could provide over 2 million jobs.
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Curator: John Kremer