Santa Barbara Energy Ban
updated: May 02, 2014, 11:00 AM
By Safe Energy California
PROPONENTS TURN IN SIGNATURES FOR SANTA BARBARA
ENERGY BAN THAT WILL DRIVE UP ENERGY COSTS, PUT JOBS IN
Following the news that proponents of an initiative to ban hydraulic fracturing and shut down conventional
oil production in Santa Barbara have submitted signatures, Californians for a Safe, Secure Energy Future
issued the following statement:
"This arbitrary ban puts our state's energy independence at risk, which
will result in higher prices at the pump for drivers. The demand for oil
will not disappear overnight, so we should produce it safely and
affordably here instead of relying on more expensive foreign imports.
California has the strongest safeguards in the nation for oil and gas
extraction. Voters shouldn't be scared into adopting a ban that could
raise gas prices and threaten the thousands of local jobs the industry
creates," Ken Oplinger, President/CEO of The Chamber of Commerce
of the Santa Barbara Region.
California's oil and gas industry provides hundreds of thousands of
jobs and pays billions in tax revenue each year, according to a new
study by the Los Angeles Economic Development Corporation (LAEDC)
released by the Western States Petroleum Association. Highlights from
the report include:
In 2012, the petroleum industry contributed to 24,210 total jobs on the
Central Coast and generated more than $1.6 billion in labor income.
On the Central Coast, the state and local taxes paid by the petroleum
industry totaled $1.1 billion in 2012.
In Santa Barbara County, the petroleum industry contributed to 6,341
total jobs and generated more than $502 million in labor income.
Jobs created or supported by the petroleum industry statewide
generate $40 billion in labor income, which is 3.1% of California's total
Statewide, the petroleum industry's total economic value is $113 billion,
which is 5.4% of California's total gross domestic product and is larger
than the economies of 17 U.S. states.
Californians for a Safe, Secure Energy Future is a coalition designed to
educate the public and correct misinformation about proven, safe oil
For more information, visit: www.SafeEnergyCalifornia.com
32 comments on this article. Read/Add
# # # #