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The Los Angeles Times is reporting on a gigantic oil trove that's trapped in San Joaquin Valley's Monterey Shale formation, 15 billion barrels, to be exact. While drilling and fracking could be a huge bonanza for oil companies and create a boom that could transform California's economy, the consequences could do just the opposite. "The process of reinjecting drilling fluids into the ground is thought by some to stimulate minor seismic activity around drilling pads, dubbed 'frackquakes.'" Yes, what California needs to kick start a thriving economy is a San Andreas "frackquake."
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