Monterey Shale

Feds Postpone California Lease Auctions For Oil, Gas DrillingFederal land managers are postponing all oil and gas lease auctions in California until October, citing budget problems and low staffing, and the toll of environmental litigation.
Central Coast Battle Shaping Up Over Potential For Huge Oil Fracking OperationA new gold rush is on in California, but this time it's liquid gold. Instead of strawberries and artichokes, the Central Coast is getting a growing reputation for being the next motherlode for oil.