Don't Kid Yourself, California Will Have to Drill and Frack

I have long said that California has to contemplate the unthinkable - drilling for oil, and I mean really drilling - if it is to survive in its current form.  Mark Perry highlights this dilemma today as well.  It's only a matter of time.  In the battle of unions protecting their pay and benefits over rich greens keeping the oil derricks at bay, it is no contest, the unions will crush the greens.  But not until they rape the muni bond market first.

Read more about the promise of an energy bounty in California here.  Hey lefties, don't think of it as extracting hydrocarbons, think of it as keeping the middle class out of the abyss.