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So -- I think it's gonna happen we've been -- for about sixty years there's a there's a huge shale formation -- the Monterey shale formation.
The contains about two thirds.
Of the oil shale reserves that amounts to about two point eight million jobs by twenty -- one in about 45 billion.
And tax revenue we -- another disaster much not to do we we know the numbers but you know as well as I do that as soon as the government says yep let's get out there and -- For all not Monterey yet deposit.
Environmentalists are gonna suit.
And -- get a hold it up so my next question is okay if you do -- when -- what you actually do it.
I think Tibetans who I think just too big not to do that there's not as much resistance as you would think what you gonna do with the environmentalists they don't want you to do that us they'll go to -- -- has been an appeal any decision -- -- And they have you know they have sued and they have been been somewhat successful but all but one of the bills in the legislature this year died I don't want one that's left now the anti fracking the alleged pieces of legislation just one that would regulate.
-- -- the process the governor himself has said this is is terrific opportunity.
I Californians really don't fear fracking and oil drilling we're kind of used to it out here it's much different than a lot of us are going to have to this -- me.
I'd tell Californians don't fear fracking and oil drew -- I thought it would do we've been drilling for oil since the civil war out here.
We have the fourth largest or -- drilling idea operation not here so it's different than a lot of the states and that's why I'm saying that you're the legislature's really not adverse to this.
The governor's not does not seem to be adverse to this the environmental -- very strong here they're gonna fight it but I tell you Stewart is the first time you're gonna go on they're gonna say California got it right -- predict is gonna happen the next couple years.
Well you're on videotape saying that we've got a couple of years -- -- I -- I believe I hope you all right Erica thanks very much for being with us but we are gonna check.
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