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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (309997)11/9/2006 4:37:54 PM
From: tejek   of 1574299
 
So all of the oil pumped is used in state?

All of the mineral leases under the land have been bought up by the oil companies........even in areas where no oil has been found. I do believe the state of CA gets a royalty for every barrel pumped from the ground. Of course, that number is declining fairly quickly.

Its possible all the oil pumped is used in the state...mainly because there isn't enough to supply the entire state. CA imports oil from other countries and from the Gulf to meet its needs.
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