Mixed reactions after U.S. drastically cuts Monterey Shale outlook

Posted by LA Times: Shan Li, Diana Marcum on May 22nd, 2014
LA Times: Kim Owens, daughter of an oil rig supervisor who once worked on a fracking crew, now pours drinks for oil workers every day as a bartender at the Foxy Lady in this tiny town 18 miles northwest of Bakersfield. To Owens and many others in Kern County, petroleum is the economic lifeline that provides jobs, fills the hotels and keeps the restaurants open. That's why she was bristling Wednesday at new federal findings that dramatically slashed the estimated amount of oil able to be pulled out of......

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