Oil formation could fuel Valley boom

Hanford Sentinel: The cure to Kings County’s unemployment problem could be oil thousands of feet underground, according to a California State University, Fresno study released Friday. The study forecast that major development of the multi-county Monterey Shale oil formation could create 195,000 jobs, generate $22 billion in personal income and produce $6.7 billion in new taxable sales. The study, commissioned by the Western States Petroleum Association, was conducted by Fresno State economics professors Antonio......

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