Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (309997)	11/9/2006 1:31:11 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1573928

CJ, > So all of the oil pumped is used in state? I don't know. My WAG would be no. Tenchusatsu

To: combjelly who wrote (309997)	11/9/2006 4:37:54 PM
From: tejek	Respond to of 1573928

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.