Oil prices are rising again and they’ve passed the $50 break even price for fracked oil. This has given the Monterey Shale play new life. Couple that with the Trump administration’s hatred of any environmental regulation and, Behold, 1.6 million acres of public lands along the San Andreas Fault are opened for oil fracking. The potential for catastrophe is immeasurable.
Trump plan to allow new fracking on California coast, Central Valley moves forward